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Electric utility companies usually operate their most modern and efficient equipment continuously (i.e around the clock) and use their older and less efficient equipment only to meet periods of peak electricity demand.
a) What does this imply for the short-run marginal cost of these firms?
b) Why do these firms not replace all their older equipment with new equipment in the long run?
It comes to global expansion and setting up affiliates aboard, how is a service company's focus different from that of a manufacturing company
By what percentage would GDP be boosted if the value of the services of stay-at-home spouses were included in GDP
The largest corporation based in the United States is: In addition to agricultural products and manufactured goods, the United States is also the world's largest exporter of: In order for a marketer to operate efficiently in a foreign country, it is ..
q1. besides elections and campaigns do the major political parties influence public values and ideas? do you think
A perfectly competitive industry is initially in a short-run equilibrium in which all firms are earning zero economic profits but in which firms are operating below their minimum efficient scale.
In 2008, the price of crude oil (per barrel) set an all-time record of approximately $147 and then sank to near $40 by the end of the year. Since crude oil is a resource that is used in many industries, how would these changes in price impact of 3..
question 1a i the subsequent equations relate to the market conditions for pullovers at a given point of timedemand
Using the same product example above, analyzing how the risk tolerance factors play in supplying the good or service and how this should influence management's decisions.
If the government purchases also taxes are both increased by $100 billion simultaneously illustrate what will the effect be on equilibrium output.
Which of the following observations would be consistent with the imposition of a binding price ceiling on a market? After the price ceiling becomes effective.
An industry can be characterized by the following production function. Explain how would you characterize the returns-to-scale in the industry.
q1. what are the most important things to consider when making a pricing decision for a good whose demand as well as is
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