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Otto the Bus Driver is also a producer of oranges in a perfectly competitive market that is currently in long-run equilibrium at the price of $50. At equilibrium quantity of 100 trees, Otto’s average variable cost per tree is $35. Draw a graph for both the industry and Otto’s firm (include MR, MC, ATC, and AVC) Label the area of Otto’s Total Revenue Label the area of Total Cost Label the shut down point Describe Otto’s firm in terms of the following Productive efficiency Allocative efficiency With side-by-side graphs, show the results of an increase in demand for oranges and identify what happens to the following in the short run. Price for Otto’s firm Quantity for Otto’s firm.
Sample Research Paper ideas could include: The politics of urban planning, an analysis of a specific area of urban planning (for example, transportation planning), a comparative analysis of several areas of urban planning
Does the optimal solution change if the profit per unit of X changes to $4.50? What happens if the profit function should have been $3X + 3Y?
Stoneware Pottery Company wants to determine how many bowls and mugs should be produced per day in order to maximize profit given the labor and material constraints. The unit profit value for Bowls is $40 per unit, for mugs the unit profit value is $..
Briefly describe the planning techniques listed below, and give an advantage and disadvantage for each:a. Spreadsheetb. Linear programmingc. Simulation
What is the strategy of your case study company? Identify and explain the meaning and strategic significance of each of the following terms
Performance evaluations are as important for the employee as the employer. What can you learn from a performance evaluation? How do you handle criticism in an evaluation? How can you use positive performance evaluations to improve?
What are some of the promising new approaches to changing our health system so that it has incentives to provide more efficient care?
Please discuss the (1) Micro/Industry Environment, (2) Macro/General Environment, and (3) any other specific environments that exist in/outside organizations.
You must research and describe a product development or management process, methodology, or a model that could be utilized to implement the innovation. You should select and use one of these models for developing its own implementation plan.
Suppose you are the main negotiator between your company and retailers carrying your company's line of dairy products. Your company is attempting to introduce a new brand of Greek yogurt, and it is your responsibility to negotiate agreement between y..
What changes in political and economic environment allowed Telefoncia to start expanding globally? Why did Telefonica initially focus on Latin America? Why was it slower to expand in Europe even though Spain is a member of the European Union?
Companies sometimes like to locate, somewhat surprisingly, near competitors. You can see gas stations of different brands located really close to each other and a CVS next to a Walgreen. This tendency is called clustering. Please justify this type of..
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