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Apples can be harvested by hand or machine. Handpicking yields 60 pounds per hour, mechanical pickers yield 90 pounds per hour. If the wage rate of human pickers is $8 an hour and the rental on a mechanical picker is $15 an hour,
(a) Elucidate which is more cost-effective?
(b) If the salary rate increased to $12 an hour, which would be more cost-effective?
A consulting company estimated market demand and supply in a perfectly competitive industry and obtained the following results.
Open a pizza restaurant and is considering either selling the bonds and using the 100,000 to start his restaurant or borrowing the 100,000 from a bank which would charge him an annual interest rate of 7 percent.
Explain what are two initial responsibilities of the financial manager. From the Internet what are two additional ideas about the other activities that financial managers are involved in on a day-to-day basis.
China has continued to lag well behind the rest of the world in information technologies
Identify also converse at least two arguments which support trade restrictions also two Once modest trade restrictions.
Identify three roles for money: money is a unit of account, a store of value also acts as a medium of exchange.
Explain why she should buy more lipstick or more eye shadow. Elucidate how your calculations also then elucidate your answer.
Explain how it is possible for one of two people in a two-good economy to have an absolute advantage in producing both goods, but trade can still benefit both people.
Illustrate what is the value of consumer surplus. Illustrate what is the value of the deadweight loss created by this monopoly.
decides not to play by the rules of the game. Then illustrate what could the final equilibrium position be.
Jefferson Smurfit Company is a multibillion-dollar supplier of packaging materials. The tradesperson's action is typical of the corporation's trades philosophy
Describe the organizational structure of your selected organization. Evaluate and difference that structure with two different organizational structures.
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