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Was Balagny Clothing Company better off keeping its operations within the US? Why more manufacturing companies are beginning to relocate to the US after enjoying the benefits of outsourcing to low labor cost countries? What are the determinants of profitability for global companies in the long run? What have you learnt form Apple, Google, 3M, IBM and IKEA cases?
There are many brands of laundry detergent, all equally effective. Would you expect the elasticity of demand for any particular brand to be high or low? Explain.
Describe and derive an expression for the marginal cost curve and describe and estimate the incremental costs of the extra 200 pairs per week (from 1,000 pairs to 1,200 pairs of shoes).
Illustrat what are the advantages of using capital in the production process. What is meant by the term "division of labor".
Why might college students’ price elasticity for vacation rentals on HHI be 3.0 while active seniors’ price elasticity be 1.0?
q. mining is proposed for a wilderness area that provides two benefits recreation due to backpacking opportunities and
draw the indifference curve for someone deciding how to allocate time between work and leisure. suppose the wage increases. is it possible that the person's consumption would fall? is this plausible?
q.the metropolitan book company assumed with certain that the ordering cost is 1200 per order as well as the inventory
q.assume there are 2 products clothing as well as soda. both brazil plus the us produce each product. brazil
Suppose population growth rate is 0.03, inome elastiity of demand for consumption is 0.75 and inome growth rate of 0.05. what would be the growth rate of agriultural production for balaned growth of the economy.
Walmarts decision in 1994 to continue operating stores in specific cities in Mexico when other firms were pulling out would be classified as
Assume the annual demand for liquor in Mississippi. The supply of liquor is given by the equation Qs= 30,000P. Solve for the equilibrium annual quantity and price of liquor.
Illustrate what will the average total cost be after 1 unit is produced. Elucidate what impact does the dollar appreciation have on the firm's international competitiveness.
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