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The benefits of decentralization, denoted B, = 3D and the costs of decentralization, denoted, C = 2D + 2D2. What is the optimal level of decentralization (D)? Explain
During the job interview, the Vice President understood that you had received rigorous training in managerial economics, and you were able to choose some appropriate methods to predict the market movement.
Assume a decrease in consumers' incomes causes a decrease in the demand for chicken and an increase in the demand for potatoes. Which good is inferior and which is normal? Explain your reasons.
in july 2001 45 of americans believed the country was in a recession even though technically the economy had not shown
explain how the short-run phillips curve the long-run phillips curve the short-run aggregate supply curve the long-run
a manufacturer faces the following inverted demand for its productp 41.5 - 1.1 qand has the following total cost
How does a price ceiling undermine the rationing function of market-determined prices How could rationing coupons insure that consumers with the highest values get the limited amount of a good supplied when government price ceilings create shorta..
Among the 4 principal market structure models, monopoly and oligopoly offer best opportunities for the firm to earn economic profits in the long run. What are some strategies for firm which is earning economic profits to legally sustain them over ..
Assuming that input prices do not vary with the level of output, does this production function display economies of scale? b.The firm is producing in the short run with capital fixed at 9 units. The fixed costs of the firm are $1000 in the short ru..
in the old days lighthouses were built along the coast to prevent ships from runnung around on the rocks in unfamiliar
What two methods can a less developed country use to finance its economic development. internal financing & debt rescheduling or else.
In the 1992 presidential elections, Ross Perot was speaking of NAFTA, which both of the other candidates (George H.W. Bush and Bill Clinton) supported. He made the statement about NAFTA ‘that giant sucking sound you hear will be your jobs being se..
do you believe global currency would redistribute wealth among all countries? if global currency was backed by a fixed
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