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Five years ago, to respond to cost-cutting pressure during a weak economy, your company decided to close five sales offices employing five people each. Currently your company employs independent sales agents who earn a 2.5% commission on all sales. The economy has recently turned around, and one of your colleagues suggests that you could hire 25 people for $50,000 per employee to do the sales job as independent agents at a cost of goods sold (COGS) of only 0.5%. What concerns might you have about such an approach?
The table above demonstrate the prices and quantities of 2-goods produced in a country in 2006 and 2007. These are the only goods produced in the country.
Given the following variable in open economy aggregate expenditure model, autonomous consumption= 200, autonomous investment=200,
Explain International Monetary System
A contractor submits a bid on a project, for which more research and development work needs to be done. It is estimated that the total cost of satisfying the project specifications will be $20 million, plus the cost of the further research and dev..
Describe how companies use economic forecast to make economical decisions and how companies make important decision with so much economical unrest.
Illustrate what effects do technologies have on costs. What are some lower cost sources the organization may utilize to reduce cost.
Assuming the points are the only relevant closing costs associated with the loan, what is the APR on this loan?The key concept to Case D is recognition that you will not have the full $200,000 loan value to apply against the purchase of the home , ..
The US at the end of World War II stood as the world's preeminent superpower, with new-found political and economic wealth. To what degree.
Elucidate why does the Fed like to fight inflation in our economy and is inflation a concern right now given our current economic situation.
How will a fall in domestic investment affect the trade surplus and net capital outflows in the domestic economy, the trade deficit and capital inflows in the rest of the world.
Working on your Portfolio assignment through researching and selecting an article for your analysis. Appropriate articles are those that:
Assume W = 10 000. Draw the aggregate expenditure function on a scale diagram along with 45°line. What is the equilibrium level of national income?
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