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Are the following outputs considered an intermediate good, a final good, or neither for purposes of calculating GDP in the current year? For each answer, just say intermediate good, final good, or neither.a. New tires put on a new Corvette at Big O Tire storeb. The net sales price of a home built in 1990 when it is resold in 1997c. The commission earned by a stock broker on the sale of stockd. The net price that is paid for 1000 shares of stock in Dell
Elucidate the importance of competition among firms. Explain whether the competitive environment in this industry benefits society or not.
if the table shows the demand faced by a monopoly company then what is that firms marginal revenues as it increases output from 100 units to 300 units.
Explain how much is spent on bus rides. What is consumer surplus in dollars at this equilibrium. How much is the total benefit in dollars from bus rides.
Explain how will different cultural perspectives of a region impact your global business operations.
Illustrate what are the pros and cons of switching to a market for kidneys. Currently, people can volunteer to donate one of their two kidneys, and getting a kidney is dependent upon your need and prognosis and sometimes having a relative who is a..
Utilize these determinants in judging either demand for every of the following products is elastic or inelastic.
A perfectly competitive firm should hire an additional worker only if the employee 's marginal revenue product is less than the wage rate.
Illustrate what shape do you think the marginal benefit curve is for carbon dioxide abatement.
Assume the construction of the $360M stadium is to be financed entirely with debt to be repaid over 20 years.
using a demand and supply model to explain the impact of occupational segregation or "crowding" on the relative wage rates and earnings of men and women.
The perticular information needed to calculate each metric should be discussed. For each metric discuss the appropriate target value and the actions that need to be taken to achieve the target.
A company produces two main products: electronic control device3s and specialty microchips. The average total cost of producing a microchip is $300; the firm sells the chips to other high-tech manufacturers for $550. Should the company produce con..
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