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1. What are the two types of information available to complete the budget? Describe the benefits and disadvantages of them and give an example of each.
2. Identify four factors of management intention in regard to the cash flow budget.
When the minimum wage is set above the equilibrium market wage,
In 2013, the furniture store PB produced 13 mahogany desks. One of them is sold to Jeanine for $3,349, later that same year Jeanine sold the desk to Pamela for $1,919. The remaining desks were not sold to anyone that year and stay in PB's inventory a..
Each point along the market demand curve shows
Suppose you are receiving a large shipment of Gizmos. The manufacturing standards provide that 1% of Gizmos turn out defective. You randomly select a sample of n = 25 from each lot and return the shipment if more than 2 are found defective. The proba..
Illustrate what do laws of supply and demand predict would be result of an immediate removal of minimum wage in terms of price of labour and quantity available.
Derive total, average and marginal revenue schedules. Explain why your answer to part is an example of marginal analysis and optimizing behaviour in general.
Honda uses flexible plants in manufacturing of its cars. Discuss where this method of production results in optimum output.
If there is an inflationary gap in the economy, what fiscal policy decisions would you make to bring the economy back to the full employment point? Explain why in each policy that you make.
Assuming that the marginal product of labor is constant between 10 also 11 workers also the marginal product of capital is constant between 3 also 4 machines.
Why is the debate between the international dependence and the neoclassical counter-revolution schools referred to as “finger pointing?”
What is the impact of each problem or risk on oil and gas companies and how to solve these problems ((the solution)) and what is the opportunities of each them? Rising emerging market demand. Price volatility and role of speculators.
An investment pays $2,100 per year for the first 3 years, $4,200 per year for the next 8 years, and $6,300 per year the following 12 years (all payments are at the end of each year). If the discount rate is 8.75% compounding quarterly, what is the fa..
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