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Brilliance Toothpaste sells at retail for $1.50 per tube. The manufacturing cost is $0.25 per tube and the fixed costs total $20,000. The manufacturer's margin is 50 per cent and the retailer's margin is 33 per cent. All margins are calculated on selling prices. On sales of 200,000 units, calculate the manufacturer's profit, the wholesaler's margin, and the retailer's margin.
Part of developing a long-term R&D strategy is to locate facilities in countries which are widely known to be competitive. Your company seeks to develop R&D facilities in Asia to counter recent competitor responses. A publication which evaluates econ..
Suppose you are given the following Total Product Function: Q=100K^3/2 L^4/2 M^4/7,where Q is total output or units produces; K, capital; L, labor; and M, materials.; that is, this is a input factor production function. Take the log of the above func..
Please explain each effect of the three effects also explain the downward slope of the aggregate demand-aggregate supply model: Real-balances effect, interest-rate effect, and foreign-purchases effect.
The quantity theory of money states that the money supply (M), velocity of money (V), price level (P), and real GDP (Y) are related by the equation . According to this equation, if velocity and real GDP are constant and the Federal Reserve decreases ..
A kinked demand curve is most likely to occur when other firms. The difference between the price firms would be willing to accept for their goods and the price they actually receive is called. Under conditions of perfect competition, maximum profit o..
Assuming no other changes, if balances in money market deposit accounts increase by $50 billion and small-denominated time deposits decrease by $50 billion.
Discuss the role of risk and return in the pharmaceutical industry. In the U.S. health expenditures on drugs amount to about 10% of total health expenditures. In Japan, where physicians are legally permitted to sell pharmaceuticals, national expendit..
Suppose the market for pizzas is unregulated. That is, pizza prices are free to adjust based on the forces of supply and demand. If a surplus exists in the pizza market, then the current price must be _________ (higher or lower?) than the equilibrium..
Describe a small business in your local community. How has globalization affected that business in areas such as marketing or pricing strategies?
Determine the possible circumstances under which the company should discontinue operations.Suggest key actions that management should take in order to confront these circumstances.Provide a rationale for your response.
Facial tissue is a rival good because:
You are becoming addicted to World of Cowcraft, a popular MMORPG. After playing for a few hours, you estimate that in the next hour, you can produce 100 WoC gold. Due to your increasing skill level, you estimate that every hour thereafter your gold o..
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