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In the late nineteenth century, the German sociologist Max Weber described bereaucracies as highly ______ organizations that enabled large numbers of people to get difficult jobs done efficiently.
a) Complex
b) Simplistic
c) Rational
d) Functional
Economics has a notoriously bad reputation among students. They assume it will be dry, boring, and not relevant to their lives. They also think it's hard because the course content must be understood rather than memorized. Why do you think economics ..
q. each day matt eats lunch at school. he likes only twinkies t and soda s and these provide him a utility of utility
Suppose the price of a can of Diet Pepsi is $1. Find out Sally's optimal consumption of Diet Coke as a function of the unit price of Diet Coke (PC).
Suppose demand is still described by P=5.10-0.80Q and supply is described by P=1.90+0.20Q. If there is a price floor of 2.94, what would be the consumer surplus in the market?
Adding four or more flights to existing routes, it will have to add two pilots also flight attendants.
An oil and gas XYZ company expects to produce 200,000 barrels of oil in time to deliver it on March 1, 2015. The management needs at least $30,000,000 for the oil to pay salaries, pay back loans, invest into new equipment, etc.
Suppose that macroeconomics forecasters predict that economy will be expanding in near future. How might managers use this information.
q1. clarify how immigration between two countries could be an equalizer of wages as well as economical for both sending
Assume that Roscoe's Rascals decided to add the pet food line. A copy company wants to expand construction.
A firm produces both crayons and pencils in constant proportions (1/3 and 2/3 respectively). Its costs are C(q1;q2)=1000+10q1+5q2+9q1q2, where q1 is the output of crayons and q2 the output of pencils. Calculate its minimum efficient scale (MES) of pr..
Assume that The United States passes a law that allows an additional 1 million persons to immigrate to the United States each year. Discuss the effects that this will have on the Production Posibilities Fromtier. (identify at least 3 effects)
Canadian GDP whether measured by the value added approach, the expenditure approach, or the income approach.
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