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The only variable input a janitorial services uses to clean classrooms is workers who are paid $8.00 an hour. Each worker can clean 4 classrooms in an hour. Determine equations for and graph the variable cost, average variable cost, and marginal cost of cleaning classrooms.
Elucidate why does sex discrimination seem to persist on Wall Street in spite of the negative publicity of lawsuits and monetary costs of settlement.
Explain how to get the producer surplus. What about the area that lies beneath the x-axis.
Explain how will the bank respond to the withdrawal. Suppose that the bank responds to insufficient reserves by reducing the amount of deposits it holds until its level of reserves satisfies its required reserve ratio.
Two months after it began selling the food, its pet food sales declined dramatically because a competitor across the street started selling the identical food for $ 22 per bag. Should Roscoe's Rascals match the price offered by the competitor.
Elucidate how scarcity of resources influences this market and describe the choices stakeholders are forced to make.
What do you imagine about the interest on payday loans is too high or just right.
The vertical long run AS curve compatible with classical economics implies that AD only determines the price level
The relative price rule is equivalent to saying the marginal utility per dollar is the same for both goods, or goods should be consumed in the same ra5tion as their relative price.
Determine the price elasticity of demand at each quantity demanded using the arc or midpoint formula.
Assumed that each of the subsequent rows represents the choice faced by policy makers given the current set of U.S. institutions also technology.
In customer theory there are some useful analytic results that can come from studying homothetic utility functions of consumption for each.
How would you use these cost and revenue estimates to determine whether a sales force increase or possibly a decrease is warranted.
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