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Question: Define marginal benefit. Explain how it is measured and why the data in the table does not enable you to calculate Brazil's marginal benefit from food.
Ethanol Food crops(barrels per day) (tonnes per day)
70 and 0
64 and 1
54 and 2
40 and 3
22 and 4
0 and 5
What is economic value? How is economic value created? What does it mean for value to go to labor, customers, and/or investors?
part 1 you work for the local hospital. in a meeting your boss mentioned that profit margins were declining.the
Course outcome(s) practiced and assessed in this Assignment: GB540-5: Assess how economic theory and concepts are utilized to maximize the quality of economic decision-making.
Can you explain more on the production possibility frontier graph? I'm confused by your answer on the points. Under points c and d it says 60,50,40 and 30 i believe. Can you explain please?
Describe price elasticity of supply or demand for Johnson and Johnsons transvaginal mesh - Explain two nonprice factors impact the demand, 2 nonprice facts ipoact the supply of product, define industry and market equilibrium associated with produc..
How many more people would be working? By how much would output increase if GDP per worker was $100,000? What will per capita income be in 2025 if the world's economy doesn't grow?
About two-thirds of funding for substance abuse treatment comes from taxpayers. Are there external benefits of substance abuse treatment that warrant this level of public funding?
Describe the firm's sustainability platform, with clear description of its critical elements and where it is directly linked to the supply chain organization.
jim sees commuting by bus and t as perfect substitutes u t b that is he would exchange one commute by bus for one
Analyze the dynamics of supply and demand to anticipate market equilibrium
Assess these fractiles for the following uncertain quantities: 0.05 fractile, 0.25 fractile (first quartile), 0.50 (median), 0.75 fractile (third quartile).
Write a brief report describing how they are implementing the lean manufacturing philosophy and state whether their operations conform to the US Environmental Agency guidelines. Why or why not?
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