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Suppose customers are distributed on a one---directional path (e.g., to the east) as follows.
A company has to deliver a unit of its good to each customer and incurs a cost of $1 per unit and mile. Each unit needs to delivered separately.
(a) Where is the median customer located?
(b) Where is the delivery cost minimizing location and what is its delivery cost?
Discuss utility and some of the properties about people's preferences. One is that "more is better ".do you agree that is always the case and if not do you have an example?
Suppose that a country's workers are universally protected by COLA's and an adverse SAS shock, occurs. After wage and price adjustments, ceteris paribus, we find
Using your own words, in no more than 10 short clear sentences; describe each of the following financial instruments, including the kind of claim (debt or equity), maturity (money market or capital market), risk, and liquidity characteristics, and an..
Activity-based costing uses: A. multiple cost pools to develop a single allocation rate B. multiple cost pools to develop multiple allocation rates C. a single cost pool to develop multiple allocation rates D. a single cost pool to develop a single a..
Price ceiling is the law that sets a maximum price below the equilibrium market price, but a price floor is the law that sets a maximum price above the market equilibrium price.
If we accept Marx's labour theory of value, we run into a different problem: if a working day of 8 hours creates same amount of value in a highly mechanized industry as in an industry with few machines, why do capitalists introduce machines.
Why does Vellus export through local distributors rather than set up its own sales force in country? What are the risks associated with using local distributors? How can these risks be reduced? What lessons about successful exporting can be derived f..
if possible, your most preferred to least preferred type of shock: positive demand shock, negative demand shock, positive supply shock, negative supply shock. Explain how would you rank them and why.
Identify whether the Fed should continue its current pace of security purchases, and indicate what “forward guidance” the Fed should issue now and why? Be specific in answering the question. Forward guidance is the specific language the Fed uses to i..
q.in 2020 ahmed decides to invest in a wind turbine that would produce and sell electricity to the local electric
Can you give 2 examples of of people who work part time for economic reasons and 2 examples of people who work part time for non economic reasons?
Calculate the present worth of the following geometric gradient series cash flow: Annual interest Rate =8.89 %, Annual cash flow increases 29% each year, The first year value is $52 and the series is 8 yrs long starting at EOY 1 .
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