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Following are the examples of typical economic decisions made by managers of a firm. Determine whether each is an example of what, how, or for whom to produce:
(a) Should the company make its own spare parts or buy them from an outside vendor?
(b) Should the company continue to service the equipment it sells or ask the customers to use independent repair companies?
(c) Should a company expand its business to international markets or concentrate on domestic markets?
(d) Should the company replace its telephone operators with a computerised voice messaging system?
(e) Should the company buy or lease the fleet of trucks that it uses to translate its products to markets?
show the new quantity demanded at that price as we did in class. Also, show that the new total revenue will be greater than then old total revenue.
How can the issue, perspective, concept or model enhance and enrich understanding of International Economics.
Explain what should be the production level if fixed costs rose to $70,000 per month. what should be the production level if the producer operates in a monopolistic competitive market where the price of software at each possible quantity.
Discuss balance of fixed and variable costs for organization. Explain how has Internet changed this balance for organizations.
If hospitals begin to affiliate within regions, would you expect that unnecessary duplication of facilities would increase, decrease or stay the same?
If the countries split the market evenly, Illustrate what would be South Africa's production also profit
Discuss what will happen in this market as it moves to a new equilibrium. If a hard breeze eliminates Brazil's premium coffee corp, what will happen to the price of premium coffee.
The unemployment rate in an economy is 6%. The total population of the economy is 290 million, and the size of the civilian labor force in 150 million. Illustrate the number of unemployed workers in this economy.
If Jones sells the equipment today for $180,000 and its tax rate is 35%, what is the after-tax cash flow from selling it.
Besides elections and campaigns, do the major political parties influence public values and ideas.
At a market price of $50 a batch, illustrate what quantity does Lin's produce also what is the firm's economic profit in the short run.
Under the factors that government spending is cut, and taxes increase. how would you argue it positively.
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