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Q. The production department of a firm reported the following information for the month of May 2005.
Rs. Wage Bill 20,000 Value of raw materials 60,000 Interest 6,000 Fuel Consumption 10,000 Rent 4,000 Units of output produced 2,000
Calculate (i) Average cost (ii) Average variable cost (iii) What would be the total profit of the firm if it sells the entire output at a cost of Rs. 60 per unit?
Assuming sum-of-years digits depreciation, what book value will Model-I have after two years.
The US put a specific tariff of €10 on European widgets. Calculate the new equilibrium quantity and price as well as the new Monopoly's profit.
What happens to the demand for Sara's sweatshirts in long run. In long run, what happens to Sara's economic profit.
In a typical day the store sells some of each type of cola, which suggests that Major League Baseball has adopted FOA because it fears that regular binding arbitration is addictive.
In the context of share holder maximization model of a firm, what is the expected impact of each of the event on the value of the firm?
Determine the new equilibrium price and quantity and how much tax revenue does the government earn with $6 tax.
Outline any two reasons, why the marginal revenue product differs between workers in different jobs.
What is the deadweight loss if buyers, instead of vendors, are required to pay the tax of $4 for each unit of the good sold.
The Performance by Patrice (PbP) Company purchased a Centaur Computer controlled manufacturing milling machine for $635,000 for use in its rear end manufacturing operations on November 8, 2007.
When and where did modern economic growth first happen. What are the major institutional factors that form the foundation for modern economic growth. What do they have in common.
Suppose the entire civilian labor force is 20,000 people and the number of unemployed is 2,000 people.
After reviewing efforts to reduce the Deficit, discuss the actions in use by Congress since 1985 to reduce the budget deficits.
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