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You are creating an online shopping company for winterwear where you make your own product and sell it online and the company ships internationally, production is done in developing country for cheaper production. You need to write a business plan for this project. Write a list of Human Resource Department included and a brief discription about each HR Department.
Resource price differentials that do not trigger the reallocation of resources are known as
Calculate the value of the market basket for each year given the price in the table blow. also calculate the price index for 2014 and the inflation rate for 2014. assume that the market basket consists of 150 container of yogurt 300 cups of coffee an..
Sam sells shavers also Alvin sells after cut off. Imagine Sam discovers a new production technique that lowers his costs of production.
Calculate the cost elasticity of demand as well as for paint as well as show your calculations.
Consider a situation in which the Brazilian inflation rate is expected to significantly increase. Assess the impact on the nominal interest rate in Brazil and the value of its currency. If the International Fisher Effect holds, how will higher inflat..
In a town of 120,000 potential "football fans," the football team draws the following attendees per game, at the various prices shown: If the team can charge ANY prices it wants (including different prices to men and women), what price(s) should it c..
Suppose that a firm’s long-run average total costs of producing an individual income tax return is $75 when it produces 1,000 returns and $75 when it produces 1,200 returns. For this range of output, the firm is experiencing a. constant returns to sc..
Let aggregate consumption be given by: C = 10 + 2(Y-T), where Y is aggregate income and T is total taxes paid such that Y-T is disposable income. Should the consumption function depend on the real interest rate? Why or why not?
Are these kinds of policies easy to implement in practice? How has globalization of production affected our ability to control pollution?
How do you feel the study of Managerial Economics will benefit you as a business and household decision-maker?
You are the manager of a monopoly and your demand and cost functions are given by P = 300 – 3Q and C(Q) = 1,500 + 2Q2, respectively. Furthermore, MR = 300 – 6Q and MC = 4Q. What price-quantity combination maximizes your firm’s profits?
Dispute Resolution Process- In this essay, you will describe the ADR process. Choose two ADR methods and explain how they work and why the methods might be an excellent alternative to the traditional court process.
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