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300 Words or more
Bulls Eye department store specializes in the sales of discounted clothing, shoes, household items, etc. similar to the offerings at a regular Walmart or Target. Bulls Eye is the only department store in Show Low and the nearest other discount retailer is Target, located 49 miles away in Eagar. Bulls Eye, therefore, has some market power in its local area. Despite having some market power, Bulls Eye is currently suffering losses. An analyst at Bulls Eye is recommending to the manager to raise prices, so that profitability can be improved. The manager is unsure of this strategy as recent data points to increasing numbers of individuals shopping more and more. What are the pros and cons of raising the prices at Bulls Eye and would that strategy be profitable?
A firm is making a long-run planning decision. It wants to decide on the optimal size of plant and labor force. It is considering building a medium-sized plant and hiring 100 workers.
International data show a positive correlation between political stability and economic growth. Through what mechanism could political stability lead to strong economic growth and through what mechanism could strong economic growth lead to politic..
A company experiencing constant returns to scale increases its labor input form 50-75 units and its capital input from 20-30 units. Its output will go up from?
Marty Mad is an employee of Big Box. When Marty was hired, Big Box was in a jam to get more workers, so it did not do a background check. Marty works as a stocker and occasionally as a checker.
What two classes (categories) of needs does Keynes say there are? Explain each one. Do you think his ideas about this are correct? Why, or why not?
philadelphia 76ers will have a guys night out campaign. for a group of 4 tickets purchased at 35 per ticket level fans
a. Does the MPL for both countries graph as you would expect? b. Say that country A originally had 1 unit of labor and country B had the rest. Then, migration is allowed. By how much does welfare improve?
Management considers the $25 price to be optimal and necessary to meet the competition. What price should the firm set for the Fancy label to achieve an optimal price ratio?
How does the theory of efficient production apply to manager of government bureaus or department that are not run for profit How about nonprofit club that collect enough dues from their members to cover the cost of operation
How much will each firm produce and what is the shut-down price for the firm - What is the largest quantity the firm can produce where the cost minimizing choice is to produce everything with production process 1?
identify an article that demonstrates the application of time value of money principles to a business decision.explain
Conduct original research on an American Economic History event that occurred between 1900 - 1960. (You cannot do the Great Depression or Prohibition). I chose The Great Mississippi Flood of 1927, but my professor said " Your topic on the Mississippi..
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