Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
The SFU Wellness Center is an organization providing help to distressed students on campus during the two weeks exam period at the end of every semester. You’ve been hired as a business consultant to help the Center develop a hiring policy so that it can provide the most meaningful student service (S) possible. You’ve determined that service can be described as a function of Medical (M) and Counseling (C) staff input as follows:
S = M + 0.5C + 0.5MC – C2
The staff budget for the SFU Wellness Center for the coming semester is $1,200.00. Each member of the medical staff costs $60 and each member of the counseling staff costs $30.
(a) Determine the optimal combination of medical and counseling staff for the SFU Wellness Center.
(b) Solve for and interpret the Lagrangian multiplier.
(c) If the Center were required to break even, what fee per service would you recommend that they charge?
Why would a country employ the use of a guest worker program? Why would a country include offshore assembly provisions in its tariff code?
An interesting example of strategic behavior comes from a 1997 article about Microsoft’s investment in Apple (New Straits Times, 1997). The article is included in the Required Readings list. What market structure do these firms operate in? Why did Mi..
The price elasticity of demand for imported mineral water is estimated to be ?0.20 over a wide interval of prices. The federal government decides to raise the import tariff on foreign mineral water, causing its price to rise by 20 percent.
Jim's systolic blood pressure is normally distributed random variable with a mean of 145 mmHg and a standard deviation of 20 mmHg. If Jim's systolic blood pressure is taken at a randomly chosen moment, what is the probability that it will be between ..
Explain the relationship between one's beliefs about whether the minimum jobs program presented in the chapter actually solves the unemployment problem and one's normative view of responsibility for unemployment.
Draw a correctly labeled loanable funds graph that shows what happens to real interest rates for each of the following situations:
What is the relationship between marginal cost and marginal revenue when single-price monopoly maximize profit.
What are the equilibrium price and quantity in this market? At the market equilibrium, what is the price elasticity of demand and the income elasticity of demand?
Romans utility function os U(x,y)=6xy. The prices of goods x and y are $12 and $15. The indifference curve is tangent to his budget constraint, where he is consuming 20 units of good x. How many units of good y must he be consuming?
The demand for widgets is P = 100 -3Q and the supply of widgets is P = 20 + 2Q. Who bears the economic incidence of a $5 per unit tax on widgets? Find the excess burden of the tax.
Suppose you are assigned the task of drafting a law to impose a tax on smoke emissions. What provisions would you put into the law? How would you decide the size of the tax? What would you do about smoke emitted by a municipal electricity plant?
The direct and excess burdens from an excise tax are greater the less elastic is demand in the market. Real national income can never exceed its potential level.
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd