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Q. Answer following questions:
1. Your expectations for course( Operation Management)
2. Your favourite course in BAS Program.
3. Why are you taking this class?. Explain.
4. Did you read and understand syllabus requirements for this class?
5. A process produces 6000 units of output that yield $6 per unit. Resources contributed to this output are 300 hours of labour at $15 per hour, materials at $700 and overhead at $300. What is labour productivity?
You are asked whether current antipoverty policy meets three generally accepted goals of helping, minimizing cost, preserving work incentives also what changes you would favor and why.
What percent of the tax is borne by buyers. If income rises to $40,000, how much will tax revenue rise.
Estimate the strength of your bargaining position for each option. Which of these would be the most advantageous.
A machine used to cereal boxes dispenses, on the average, ounces per box. What is the largest value.
One of the partners favors moving downtown because she believes the additional business gained by moving downtown will exceed the higher rent at the downtown location plus the cost of making the move.
Which characteristic of competitive markets permits society to answer the illustrate what to create question efficiently.
Illustrate what is the level of consumption at the equilibrium level of income. Compute the marginal propensity to save for this economy.
If interest rates could be deducted from income, would an investor change his/her decision based on question 1.
Assume that the resource and output markets are both competitive, and that it is possible to hire fractional units of the resource. Explain how many units of the resource will a profit-maximizing firm hire.
Suppose that after five years consumer spending doubles to 400. Explain how much do you believe will be the budget share of leisure.
What make both the farmer and the rancher willing to trade with one another.
What is the social optimum? What specific tax per unit of output of gunk results in the social optimum.
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