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Lin Corporation has a single product whose selling price is $140 and whose variable expense is $70 per unit. The company’s monthly fixed expense is $32,250.
1. Using the equation method, determine for the unit sales that are required to earn a target profit of $8,000.
2. Using the formula method, determine for the unit sales that are required to earn a target profit of $8,700.
An open economy with a fixed exchange rate follow a money growth rule successfully if capital moved freely across its borders..
question 1the difference between game trees and decision trees isselect onea. that game trees are not useful in
Consider the economy described in Box 1. Consider also a “balanced budget” increase in G and T (in other words, G and T both rise by the same amount). Each increase of 1 unit in G and T will a) increase r by .005 b) increase r by .015 c) decrease r b..
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 income elasticity of demand for toys is +2.0. This means that: If the income elasticity of demand for margarine is -5.00, this means that:
Other things equal, would the formation of a customs union with many members be more likely or less likely to improve welfare for a given member country than the formation of a customs union with only a few members? Why or why not?
Evaluate the competitors' existing production in the chosen country. Evaluate forecast sales in the selected country. Determine the type of economy that exists in your selected country.
You are the manager of global opportunities for a U.S. manufacturer, who is considering in Europe expanding sales.
Explicidate that a profit-maximizing bundle will typically not exist for a technology that exhibits increasing returns to scale as long as there is some point that yields a positive profit.
It has been argued that in the long run monopolistic competition is inefficient because
Riley deposits $4,000 cash in her checkable deposit at Fershur Bank. If the desired reserve ratio is 5%, Fershur Bank’s
Two identical firms have access to a spring. Their marginal cost of bottling water from the spring is a constant 10¢ per bottle. The market demand for bottled spring water is P = 250−20Q, where P is the price (in cents per bottle) and Q is the quanti..
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