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Private companies frequently approach your consulting firm to undertake special projects and provide advice to management. As a senior consultant, one of your jobs is to quote a price for these projects based on an estimate of cost and firm resources (i.e., consultants available to work on them). Your firm recognizes that it is competing with other consulting firms for its potential clients' business.
Over the last six months, you have bid on ten separate projects and have won nine of them. You are establishing a reputation as someone who really can bring in business. Some managers in the firm are worried, however, about a shortage of resources (i.e., available consultants) to complete these jobs. Is yours a "good" bidding record? Describe carefully how you would make this assessment.
Normal 0 false false false EN-US X-NONE X-NONE Compare and contrast the fo..
Find the domestic price of hula beans that will result if the tariff is imposed. Also compute the dollar gain or loss to domestic consumers, domestic producers, and government revenue from the tariff.
The population proportion of economists predicting growth of at least 2.5% in real gross domestic product. The variance of the sample proportion of economists predicting growth of at least 2.5% in real gross domestic product.
Describe a market situation in which the operating company faces economic difficulties and need to cut costs. What cost cutting strategies may the operating company employ to remain profitable?
Suppose a firm in the short run under perfect competition with P=250, TC=1,000 + 100Q + 2.5Q^2 , and MC=10+5Q-Find out the level of output that the firm needs to produce to maximize profits?
While greater access to imports may be beneficial from a microeconomic standpoint (people have greater range of goods to choose from, and available at a lower price) the macroeconomic view of things may be a little different.
free trade is best defined as a system in which goods capital and labor flow freely between nations without barriers
The rule for maximizing net revenue
Compute the sizes of the consumer and the producer surpluses at the equilibrium price and quantity derived in (1).
Institutions that tend to foster growth:
In order to provide internet and cable television service to the Eugene-Spring?eldarea, Comcast has to bear a large ?xed cost of building a cable network.This involvesjackhammering streets, digging trenches to put cables underneath, and then paving o..
Explain the process of revenue at NSU, focusing on the relationship between the increased revenue from students enrolling at NSU despite the higher tuition and the lost revenue from possible lower enrollment.
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