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"Discuss whether economies of scale have any relevance to such companies as Wal-Mart." Can someone helps me with this forum, needs to be 250 words and cite the reference as it will be submitted to turnitin.
Suppose that consumers’ incomes increase by 16 percent, which results in a 0.4 percentage increase in the consumption of farm goods at current prices. What is the income elasticity of demand for farm goods?
botco, inc. is constructing remote-controlled cars to sell to hobbyists. After doing some analysis, botco's chief economist reported that, at the current level of output per month, the marginal benefit for making remote-controlled cars exceeds the ma..
Suppose that the price elasticity of demand for pears is -2.0 and the cross elasticity of demand for pears and apples is +0.7. Suppose that labor disputes in Washington cause the price of apples to increase. Which of the following should one expect?
Use a graph to demonstrate why a profit-maximizing monopolistically competitive firm must operate at excess capacity. Explain why a perfectly competitive firm is not subject to the same constraint.
The table below shows a monopolist’s demand curve and the cost information for the production of its good. What will their profits equal? Quantity: 10,20,30,40 Price per unit: 100,80,60,40,20 Total Cost: 100,400,800,1400,2400
The airline is considering building a new training center on this land.
Consider both sides of the argument and come to a decision of whether to close the plant or continue to operate it. How would you explain to either the president or the CEO that he or she is wrong?
The extent of _______________________ will depend on how easy it is for workers to learn about alternative jobs, which may reflect the ease of communications about job prospects in the economy.
Research funding sources. Leave no stone unturned, from micro financing and its details to grants for woman-owned businesses. Post links, make recommendations—let’s all work to gather funding sources!
Semiconductor chips are used to store information in electronic products, such as personal computers. One of the early leaders in the production of these chips was Texas Instruments (TI).
Jennifer has $10 to spend on tomatoes and cheese. The price of a pound of tomatoes is $2 and the price of a pound of cheese is $4. She has found her utility-maximizing bundle at 2 pounds of tomatoes and 1.5 pounds of cheese. Suppose Jennifer's income..
Jim Range has to choose between buying more soda or more pasta for the week. He has a fixed income and he knows the prices of both products. Using indifference curves and budget constraints, illustrate the amount of soda and pasta that Jim will purch..
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