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At its current short-run level of production, a firm’s average variable costs equal $30 per unit, and its average fixed costs equal $50 per unit. Its total costs at its current production level equals $8000.
a. What is the firms current output level?
Assume an employer offers a base wage of twenty dollar per hour for the 1st 40-hours of a work each week and overtime pay of thirty dollar per hour for any hours beyond forty per week,
Illustrate what is the arc cross elasticity of demand among Future Flight's and Soaring Free's frisbees
a nation to have commercial relations with other countries
Suppose a drop in the compensating wage differential between risky jobs and safe jobs has been observed. Two explanations have been put forward: Engineering advances have made it less costly to create a safe working environment.
Illustrate what might be some practical problems or issues the country might face with this proposed plan.
Explain why might intangible resources such as human capital and intellectual assets be a more likely source of sustainable competitive advantage than tangible resources.
Supposed that it costs $400,000 to build the new store and assume that the new store will generate revenues of $450,000. what is the rate of return on this investment.
Why might you expect to see flat royalty payments in home-based franchises but revenue-based royalties in franchises that operate from commercial buildings (HINT: Among the most popular home-based franchises are cleaning services offered to busines..
Suppose Sam's Savings Bank has the following balance sheet with all amounts in millions of dollars): Assets Liabilities + Capitol Cash 5 Transactions deposits 267 Deposits at Fed Res 10 Time Deposits 569 Gov Bonds 20 Subordinate Debt 38 Gov Bond A..
At which point do you reach equilibrium. Also explain why is that considered equilibrium.
Women have increased the amount of education they have achieved relative to men, and average years of schooling completed are now approximately the same for males and females. Human capital theory predicts that this would close the male-female ear..
Describe the benefits and costs associated with each type of externality. What happens to the Supply and/or Demand curve.
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