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Cindy gains utility from consumption C and leisure L. The most leisure she can consume in any given week is 110 hours. Her utility function is U(C,L)=C*L. This functional form implies that Cindy's marginal rate of substitution is C/L. Cindy receives $660 each week from her great-grandmother--regardless of how much Cindy works. What is Cindy's reservation wage?
The average rate of growth for slow-growth countries is around 2% per year, and for fast-growth, greater than 5% per year. Suppose the growth rate of the economy is 2%. The size of the economy roughly doubles every. Economic growth is important to un..
Do US non-profit organizations with tax exemption under Section 501(c)(3) of its Internal Revenue Code which have investments (such as university endowment funds) have to divulge these investments in any sort of filings? If so, are these required to ..
You supervise an aging production line that constantly needs maintenance and new parts. Last month you spent $25,000 replacing a failed controller. Should the following plan be accepted if the interest rate is 15%. The net installed cost of the new l..
q1. what are the most important things to consider when making a pricing decision for a good whose demand as well as is
q1. if the us economy is operating near full employment and the exchange rate increases the dollar appreciates explain
Suppose Microsoft chooses to produce 80 million copies of software per year and sells copies of software to retailers at $199 per copy. Now consider problem of a retailer like Circuit City or Best Buy.
q.a manufacturer of computer workstations gathered average monthly sales figures from its 56 branch offices and
What are the characteristics that make Irelands international company different from domestic companies? Is this company successful? What makes this company a success or failure?
q1. what are the advantages and disadvantages of austerity?q2. leadbelly co. sells pencils in a perfectly competitive
Which factors of globalization is involving quality. How might globalization involve your product or service also organization as it tries to achieve quality.
When the monopolistically competitive firm lowers price from $16 to $12, elucidate how much does total revenue change.
Which of the following statements is typical of predisaster conditions among many tribal governments?
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