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Would you argue that large scale operations are more or less efficient or that they have too much market power? Do they reduce consumer choice? What is your position?
Elucidate how it is possible that we have "sustainable development" (as it is defined in text book) in a world in which minerals, oil and or non-renewable resources are being depleted.
State whether the following actions will increase or decrease GDP:
Prepare a Cash budget for the Quarter ending 30th September 2014 and prepare a schedule of cash receipts from debtors for the period ending 30th September 2014.
You are choosing between two goods, X and Y, and your marginal utility from each is as shown below. If your income is $9.00 and the prices of X and Y are $2.00 and $1.00, respectively, what quantities of each will you purchase to maximize utility? Wh..
Jacob Viner originally envisioned a situation where, in the demand/supply graph of a trade-diverting customs union, the demand cureve was vertical and all supply curves (including the supply curve of domestic producers) were horizontal. In this situa..
A new machine will cost $100,000. Net cash flow before depreciation and taxes are $250,000 per year for 5 years. The machine would be depreciated (straight-line) over 5 years with no salvage value. What is annual net cash flow after depreciation and ..
q1. mckee corporation has annual fixed costs of 12m. its variable cost ration is .60.a. determine the companys break
The production function is Q = L^0.25*K^0.25 and the respective unit input prices for L and K are w=4 and r=9. Derive the long-run least cost as a function of Q, and derive the marginal cost and average cost to characterize the shape of the total ..
The production possibilities frontier represents what?
Describe what is meant by globalization. How might we measure globalization to see if it is changing over time?
18 years ago, a certain part cost $325. The cost index was 244 and now the index is 329. What cost below is closest to the estimated current cost for the item? Item number 16 took 190 minutes to make. If the learning curve rate is 90%, how long did t..
"Burger King Gets Grilled" (USA Today, August 27, 2014, B1). Define and discuss usage of the HHI index and C4 index and what are two of their limitations (which would be very relevant in this case). Calculate "pseudo" HHI and C4 indices for worldwide..
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