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assuming that all other factors remain unchanged, determine how a firm's breakeven point is affected by each of the following: a. the firm finds it necessary to reduce the price per unit because of increased foreign competition. b. the firm's direct labor costs are increased as the result of a new labor contract. c. the occupational safety and health administration requires the firm to install new ventilating equipment in its plant. assume that has no effect on worker productivity
Illustrate what economic events or changes will "shift" demand and supply curves, and separately "move" demand or supply along their respective curves.
Explain how would an increase in the present rate of oil affect the time of development if the rate of price increase in the future remains at 2%.
Suppose that as an owner of a federally insured S&L in the 1980s the price of real estate falls, and most of your loans go into default. In fact, so many loans go into default that the net worth of the S&L is a negative($5 million). Federal regula..
Illustrate what are the four stages of the Business Cycle. Compare and Contrast five internal and external Business Cycle theories.
In order to accurately assess the capital structure of a company, it is necessary to convert its balance sheet figures to a market value basis. KJM Company's balance sheet as of today,
Suppose the emarginal cost of producing the good in before question is aconstant $ 10 per unit of output . What quantity of output will the firm produce.
ANOVA allows us to determine whether variables are related. Regression analysis allows us to investigate the nature of the relationship between two (or more) variables. How are these methods alike and how are they different
Assume Smith owns and works in a bakery located next to an outdoor cafe owned by Jones. The patrons of the outdoor cafe like the smell that emanates from the bakery.
Where Qt represents the quantity of widgets sold per period t, Pt represents the price of widgets during period t, and Mt represents average household income of customers during period t. You are also given the following information about the regre..
Discuss the reason why governments might want to intervene and how they might do- with respect to the following "problem" in the functioning of an otherwise perfectly-competitive ("pareto-efficient") economy:
Illustrate what happened to employment during the rest of 2008. What are some of the alternatives to a tax cut that might have been used.
Differentiate among movement along and shift of the demand curve. Explain the relationship between market and aggregate supply and demand.
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