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Q1. If one defines incremental cost as the change in total cost resulting from a decision, and incremental revenue as the change in total revenue resulting from a decision, any business decision is profitable.
Q2. Bob runs a pedicure business in a perfectly competitive industry. He knows that he will break even if the price of pedicures is $15 but that he will have to shut down if the price is $11. If the market demand in the industry is P = 30 (0.2)Q and the market supply is P = (0.2)Q, then in the short run of Bob.
A company's cash sales for the month are $200,000 and its accounts receivable payments for the month are $100,000. What is its total incoming cash flow.
Explain how specifically does this information affect your desire to sign a two-year contract with Toy Yachts R Us.
what single payment at the end of year 5 is equivalent to an equal annual series of payments of $800 beginning at the end of year 3 and ending at the end of year 12? The interest rate is 8% compounded annually
What is the cross price elasticity with respect to good x? What does the sign of the coefficient tell us? Interpret your results.
Elucidate what is the new market price. How many Frisbees are sold angry students marched to Washington, asked Frisbee price.
The existing equipment will be sold for $6,000. Illustrate what is the first cost that should be used.
suppose that the demand and supply functions for good x are as followsqd 75 .004m - 4pqs -43 - .4pi 3pa. is this
If the above monopolist were to behave like a perfectly competitive firm (operating in the long run), determine its output. Illustrate what is the firm's Total Revenue.
what will happen to the price level and output? Using the AS/AD model, demonstrate your predictions graphically. what policy might you suggest to the government?
In the first-order exponential smoothing model, the new forecast is equal to the old forecast plus a weighting factor (W) times the error in the most recent forecast.
Converse the positive also negative contributions of FDI inflow to the competitive benefit of host countries with regard to the subsequent matters
When he took over the furniture factory three years ago [the manager] realized almost immediately that it was throwing away at least $100,000 a year worth of wood scrap.
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