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1.Think of two things that are provided free of charge. In each case, identify whether and in what form a shortage might occur. In what ways are/could these shortages be dealt with? Are they the best solution to the shortages?
Utech Corporation bottles and distributes Livit, a diet soft drink. The beverage is sold for 50 cents per sixteen ounce bottle to retailers, who charge customers 75 cents per bottle.
Pick a recently released good or service. Then, determine the factors that must be evaluated regarding the product's supply and demand. Analyze how these factors impact the decision to supply the product indicating the significance of each in the dec..
Determine what will the sustainability movement look like over next twenty years? What issues do you expect to take center stage? How will business respond?
Can you think of a recent example where you had to evaluate the incremental costs and benefits of different options in order to make a decision?
1.Why does the marginal revenue product differ betweenworkers in different jobs?
1.Explain how equilibrium would be restored in the circular flow of income if there were a fall in investment.
The accompanying table demonstrate a car manufacturer's total cost of manufacturing cars. Calculate manufacturer fixed cost
1.Why is the profit maximising price under monopoly greater than marginal cost? In what way can this be seen as inefficient?
The Alex Corporation uses two inputs, A and B, to produce boats. The production function for boats is given through
1. discuss how organizational architecture and corporate culture are related. use an example of a real-life firm and
1.Illustrate on four separate diagrams (as in Figure) the effect of different elasticity's of demand and supply on the incidence of a subsidy.
What factors determine a country's terms of trade?
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