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List some advantages and disadvantages of specialization. Does it always make sense to specialize as much as possible? Why or why not? How can managers reduce costs of specialized assignment?The text for this course is Managerial Economics and Organizational Architecture, 5th edition by Brickley, Smith, and Zimmerman
Which of the following is a kind of decision that can be made at margin. whether to hire new workers or not ,whether to go on vacation or not or else.
The Concise Encyclopedia of Economics
An industry contains two firms, one whose cost function is c(y1)=y1^2 and another whose cost function is c (y2)=30y^2. The demand function they face is p=(120-(y1+y2)) a) find the output and profit for each in a nash equilibrium. b) Find total output..
What is the reason for assuming the zero inflation rate for the calculations under annualized equivalent method
address the following questions in a 4 page essay using the resources from online web sites.1. suppose that the real
Present investment is? If the interest rate is 20 percent? Financial intermediaries (banks) bring supplier and demanders together in the market for? The firms profit-maximizing level of capital is determined where?
Your manager comes in with three sets of proposals for a new production process. Each process employs three inputs: land, labor, and capital.
Using the AD-AS model explain how the economy will adjust in the long run. Should the government undertake any proactive fiscal or monetary policy in this situation?
Suppose that the average household in a state consumes 800 gallons of gasoline per year. A 20-cent gasoline tax is introduced, coupled with a $160 annual tax rebate per household.
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Which of the following do bankers take into account when determining how to allocate their assets? Check all that apply.
The demand for new homes in the United States is often described as highly cyclical and very sensitive to housing prices and interest rates.
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