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A business owner used a revenue function and a cost function to analyze his monthly sales. One month he found that with a sales volume of 600 items he had revenues of $10,200. Another month he had total costs of $4,700 on a sales volume of 400 items. He also finds that the break-even point is 50 items. a. Find the revenue function. b. Find the cost function. Explain step by step
identify an organization not previously selected and recommend methods to reduce costs. what effects do technologies
If a price ceiling is to accomplish its intended goal of lowering overall spending, which of the following should be true?
how will the entry of firms such as apple google amazon hulu and comcast into the business of streaming movies affect
A company spends 1 million dollars to open another factory in USA. Which line will show up on? (There are exports, imports, income received, income paid, transfer received, transfer paid, inward foreign investment, outward foreign investment.)
Do you favour anti-gouging laws as a means of protecting consumers from high prices following natural disasters, such as Hurricane Katrina in New Orleans? If so, why? If not, why not?
The state lottery sells 10 million tickets, one of which is a winner. The winning ticket pays the holder $5 million; all other lottery tickets are losers and pay $0. The price of each ticket is $1. Analyze the decision whether to buy a lottery ticket..
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1. we know that reginald has the two indifference curves depicted in figure 1. given these curves please answer the
Calculate the following for Brian and Kim's firm
philip industries manufacture a certain product that can be sold directly to retail outlet or to the superior company
Given the increase in government expenditures and the marginal propensity to consume, how would yoou find the change in equilibrium GDP.
Will there be any difference in the set of variables used in the regression model of demand for durables consumers (cars, appliances, furniture) and a regression model of the demand for "goods FMCG" (meals, beverages, personal care products)? Explain..
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