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Vipsana's Gyros House sells gyros. The cost of ingredients (pita, meat, spices, etc.) to make a gyro is $2.00. Vipsana pays her employees $60 per day. She also incurs a fixed cost of $120 per day. Calculate Vipsana's Variable cost per day when she produces 50 gyros using two workers? Why the answer is $220? I don't know how to get this answer?
dayton metal corporation dmc a medium-sized manufacturer of fabricated metal parts is considering whether to enter the
Using the information from the completed table and the graph to identify the three stages of production and explain why the firm's short run production has only one 'rational' stage of production
Assume that the demand curve is given by the following: p=100 and the supply curve is given by Q=p-25. If the government puts in place a tax of 10 that must be paid by the buyer the deadweight loss that results is equal to:
What is the maximum capital cost of the conversion unit for which a refiner should proceed with the investment and what does this tell you about the significance of estimating future product prices?
many americans feel that their jobs at home should be protected and that free trade should be limited. however global
suppose that the required ratio is 20 percent. a banks customer deposits into her account 100000 dollars in funds from
What are the main differences between microeconomics and macroeconomics? Provide an example of a microeconomic and macroeconomic phenomenon.
a. analyse a range of current economic issues and problems.b. develop and communicate economic arguments in a variety
A user has the utility function U(x1,x2)=min{x1,2x2}, and his endowment is W=(0,12)
1. Using the relationships between macro variables of Inflation, Income and wage rate, technology, unemployment, and interest rates related to Comcast, develop a short-term (about one year) outlook for Comcast.
mikes utility for consumption and leisure is ucl c times l so that his marginal rate of substitution between leisure
In a complex assembly operation, it is found that the learning curve rate is 70%. The standard time of 3 minutes per assembly is reached after the 110th unit. Find i. The time required for the very first unit.
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