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The demand for 1,000 units of a part to be used at a uniform rate throughout the year may be met by manufacturing. The part can be produced at the rate of 3 per hour in a department that works 1,880 hours per year. The set-up cost per lot is estimated to be $40, and the manufacturing cost has been established at $5.20 per unit. Interest, insurance, taxes, space, and other holding costs are $3.10 per unit per year. Calculate the economic manufacturing quantity.
Illustrate what kind of gap-inflationary or recessionary-will the economy face after the shock.
q1. would elasticity be constant for the demand curve represented by the equation q5000-0.5p?whyq2. if the cost
q.assume there are 100 identical firms in an initially competitive market. market demand is given by p10-q200 and
How can a small special-interest group win, since the benefits flow only to a small group, under a situation of majority voting?
The General Manager (GM) of a car dealership is working on a three year business plan. The GM expects inflation to rise over the next three years.
Explain how high must the deductible be to encourage low-risk behavior
Recently, the U.S. Supreme Court ruled that cities could have voucher programs that give money directly to parents, and the parents can then choose between competing schools: public and private. The idea for promoting such a ruling was to create comp..
the average product of labor is 50 and the marginal product of labor is 75. The wage rate is $80 and the total cost of the fixed input is $500. What is the average total cost.
Calculate the present value (PV) of profits for Abe's business at each of the following discount rates: 8%, 9%, 10%, and 12%.
Define the correlation between two random variables X and Y. What does the correlation coefficient measure?
Suppose the S&P index is expected to fall by 1 percent over the next month. What is the expected return on PepsiCo's stock?
Select an industry with which you are familiar and determine which of the trade regulations impacts that organization the most. Support your response with specific examples.
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