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1) What are some practical limits to economies of scale? What is capacity balance? Why is it hard to achieve? What methods are used to deal with capacity imbalances? Why would a business maintain a capacity cushion?
2) Is it possible to achieve zero inventories? Why or why not? Why does JIT manufacturing require a stable schedule? What are some technological advances that support the goals of JIT? Will JIT work in service environments? Why or why not?
m.d. einstein is considering what she should do for the rest of her life.she is considering becoming a brain surgeon.
suppose the market interest rate is 10 percent. Would you be willing to lend $10,000 if you were guaranteed to receive $1,000 at the end of each of the next 12 years plus a $5,000 payment 15 years from now? Why or Why not?
question 1lasting toys is experiencing quality problems on its assembly line. every defective toy that leaves the
Assume that bank deposits (D) are $3,200 billion, the required reserve ratio is 10%, and currency in circulation is $400 billion. What can the Fed do (in terms of open market operations) to lower the money supply by $100 billion? Explain. (Note assum..
Identify a market which you feel is perfectly competitive. The firms in this structure are considered price takers, are the firms in the market you chose all selling their product at the same price? Why or why not?
1. Has war always been a propulsive force for economies? How about World War I? How about winners versus losers? How about England, which was on the winning side in World War II? 2. if postwar demand was so important in getting the boom going,..
ECONOMICS ANALYSIS ESSAY
When a employee declares that he consider to quit, say next month, the threat of being fired has no bite. The employee may find it in his interest to shirk.
A monopoly with constant marginal costs of $50 can sell to three groups of potential consumers, with demands Q1 = 800 ? 0.2p, Q2 = 400 ? p, and Q3 = 700 ? 0.4p respectively. Find the optimal price- quantity combination in each market (i) if the firm ..
You will evaluate the pros and cons of FDA regulation of the pharmaceutical industry - the costs and benefits of the FDA's contributions to patient safety.
Assume your elasticity of demand for your parking lot spaces is -.05, and price is $20/day. If your MC is zero, and your capacity at 9 a.m. is 96% full over the last month, are you optimizing?
Explain concepts of microeconomics Describe supply and demand from a microeconomics perspective Interpret various forms of competition Describe government policies on competition Explain market influences such as consumers, products, and profits on b..
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