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Q. You are manager of a industry that plans to expand human resource base of its operation by hiring additional business school graduate over new few years. You recently read an article in Wall Street Journal that reports that enrolments in business school have declined as students are moving into "hard sciences." That same article reports that shakeup of upper-management is over at U.S. industries and that over next decade re will be a nationwide surge in demand for MBA's. How will se events affect your industry's ability to expand its own base of MBA's?
Suppose taxes are measured in cents as in the first case, but consumption is measured as gallons consumed every month.
the monopoly will experience a loss the monopoly will earn a profit the monopoly will earn zero profit consumers will be worse off than they would be if the firm's profit maximization activities were unregulated
Illustrate what is the minimum price necessary for the company to supply one thousand cups.
Illustrate what are marginal net profit when Q=1? Q=5. Illustrate what level of Q maximizes net profits, Illustrate what is value of marginal net profits.
Similarities in the definitions of management quoted from authors of management textbooks
Assume that a consumer can buy only two goods, A and B, and has an income of $100. The price of A is $10 and the price of B is $20. Illustrate what is the slope of the budget line if A is measured horizontally and B is measured vertically.
Rusal believed the price of aluminum would fall because of the growing accumulation of inventories worldwide.
Find out the equation for the linear supply curve which fits this information. What would the new equilibrium price and quantity be if supply were to increase by 20%.
Illustrate what would happen to the firm revenue if it decided to charge a price above $354.
Find total revenue for quantity equal to 10,000, 20,000, and so on. Illustrate what is the marginal revenue for each 10,000 increase in the quantity sold.
Ilustrate what is the equilibrium cost in the corn chip market. How many corn chips will be bought by children and how many by adults.
illustrate what can you determine about the market for wheat.
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