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Scenario: Suppose that in 2015, a new company called "Corpus Christi Cheer Beer" begins to produce beer to sell to local restaurants.
Describe 2 ways in which you would expect a company such as Miller to experience economies of scale that Corpus Christi Cheer Beer does not. Describe likely economies of scope for a company such as Miller, relative to Corpus Christi Cheer Beer, in:
What types of learning economies would you would expect Miller to have that Corpus Christi Cheer Beer does not?
Using concepts from Ch. 2, take a position and argue either FOR or AGAINST diversification of Miller if it is thinking about buying a company that sells "beer nuts."
Describe an externality created by a firm in your state. b. What are the social costs associated with the externality c. List three remedies that the federal, state, or local government could introduce to reduce the problem.
the legal requirements for companies are changing. employment laws now vary by state and by country. conduct research
Every year management and labor renegotiate a new employment contract by sending their pro-posals to an arbitrator who chooses the best pro-posal (effectively giving one side or the other $ 1 million).
Two firms compete in a market to sell a homogeneous product with inverse demand function P = 600 - 3Q. Each firm produces at a constant marginal cost of $300 and has no fixed costs.
What is the importance of having a reasonably accurate demographic analysis of pre-Columbian populations and how does it affect the way the America's were settled?
You will write up a review of the article and integrate course concepts into your review. Please make sure you both summarize the article and discuss how it relates to the course.
Define marginal revenue. How is it calculated? Why is marginal revenue constant and equal to price under perfect competition?
Visit a museum or gallery exhibition or attend a theater, dance, or musical performance
An illegal cross-licensing agreement to share their patents, what common royalty rate should they charge each other to maximize their profits?
Johnson Inc. is notified that local property taxes have raised. Johnson's economist states this will increase our cost of production and shift up our average total cost curve, average variable cost curve.
Suppose that a company has a fixed proportions production function that requires it to use two machines and one worker to produce 1000 units per hour. Explain why the cost per hour of producing 1000 units is 2v+w (where v is the hourly rent for the m..
A new server system for your company will cost $25,000. Using the MACRS, the computer system has a useful life of 5 years. The allowable depreciation for the 2nd year is:
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