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Q1. The CEO of a major automaker overheard one of its division managers make the following statement regarding the firm's production plans: "In order to maximize profits, it is essential which we operate at the minimum point of our ATC curve". Imagine if you were the CEO of automaker that you would praise or chastise the manager?
Q2. Describe some forms of private spending which represent consumption some forms which represent investment?
Q3. Is changing the organization's domain a feasible strategy for coping with a threatening atmosphere? Do you think of an organization in the recent news which has changed its domain? Explain.
Suppose that only data on in action were published but not on claims for unemployment. What would be a reaction of the USD/EUR in that case.
The two economies are so far apart that they don't share ideas and each evolves as a separate roomer economy.
Assuming that the current production rates are maintained at the three congress plants, that unusual should management select.
Determine whether the Justice Department would challenge a merger between two firms in an industry with 10 equal-sized firms.
What are the strengths and weaknesses of the measure of welfare used by many economists: consumer welfare plus producer surplus.
Explain where is the economy operating relative to its potential GDP
Trace out exactly where this 100 increase in income goes in the second round and compare to our simpler treatment with a closed economy and lump sum taxes.
How to calculate the elasticity coefficient between each of the seven prices and indicate whether the character of demand is Elastic.
The GDP is a total market value of final goods and services produced within a country over time. Why is this a reflection of this country's cost of living so varied making expenditures.
What would the annual percentage change in velocity have to be on average for the quantity theory to hold.
find an identical output for each firm that maximizes joint profits.
Discuss the current state of the Chilean economy by focusing on the recent past and macroeconomic characteristics
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