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Q. Illustrate what is difference between real GDP and nominal GDP? Does GDP accurately reflect our nation's productivity? Why or why not? Is re a relationship between GDP and business cycle? If so, Illustrate what relationship exists and how might a business manager use this information to increase their profits?
Elucidate how formal organizations have evolved over the past century. What differences were there in organizations a century ago, compared to today's organizations.
What was the accounting profit for the new business. What was the economic profit or loss. Explain your calculations for both questions.
Explain why do the Average Variable Cost curve and the Average Total Cost curve become closer as the quantity increases.
Explain why do you suppose that employees pay for general training and the employer pay for specific training with respect to the basic competitive model.
Suppose the state is trying to decide how many miles of a very scenic river it should preserve.
He projects that his costs also revenue will be similar this year if he continues farming. Illustrate what is Bowen's accounting profit from farming an additional year.
Find out the market equilibrium price and quantity. Compute the profit of a firm at the point of equilibrium. Is this longrun equilibrium.
A perfectly competitive industry is initially in a short-run equilibrium in which all firms are earning zero economic profits
Elucidate how much they can accumulate over 25 yrs if they move the money into a money market mutual fund earning 5 percent.
Discuss salary determination in a labor market in which workers are unorganized and many firms actively compete for the services of labor.
Elucidate what is michelle's opportunity price of producing 200 potatoes in a year. what is michelle's cost of producing 50 chickens in a year.
Converse Elucidate how you might go about evaluating the rate of return for the new equipment.
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