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The American Baker's Association reports that annual sales of bakery goods last year rose 15 percent, driven by a 50 percent increase in the demand for bran muffins. Most of the increase was attributed to a report that diets rich in bran help prevent certain types of cancer. You are the manager of a bakery that produces and packages gourmet bran muffins, and you currently sell bran muffins in packages of three. However, as a result of this new report, a typical consumer's inverse demand for your bran muffins is now P = 12 - 1.5Q.
If your cost of producing bran muffins is C(Q) = 1.5Q, determine the optimal number of bran muffins to sell in a single package and the optimal package price.
Gap Will Focus on Smaller-Scale Stores Gap has too many stores that are 12,500 square feet. The target store size is 6,000 square feet to 10,000 square feet.
Between 1972 and 1977 the relative price of energy, (Pe/P), increased by 60 percent. From the estimated regression, what is the loss in productivity?
How does the existence of demand reversal complicate the predictions of Heckscher-Ohlin? Using the specific-factors model, explain why you might expect to see.
Find a recent ( since the start of obama's first term- January 2009 ) news or magazine article or podcast from a reputable/verifiable source that relates to material from this class.
japan life insurance company invested 10000000 in pure-discount u.s. bonds in may 1995 when the exchange rate was 80
Evaluate the organization and it's strategy and consistently adapt the business model to ensure that the overall business plan is one step ahead of the competition.
the following table presents data on three leading indicators for a three-month period.nbsp construct the diffusion
which of the following have traditionally been considered natural monopolies?a. public universitiesb. public golf
Calculate the present worth of all costs for a newly acquired machine with an initial cost of $26,000, no trade-in value, a life of 13 years, and an annual
Describe how you might design an experiment to determine whether this phenomenon is true for your city. What is the response variable? What are some extraneous variables and how does your design control for them?
Suppose that the firms markup over costs is 6%, and the wage-setting equation is W = P(1-u+z) where u is the unemployment rate and z is equal to 0.03. What is the real wage as determined by the price-setting equation? What is the natural ..
Calculate the level of price, output and the amount supplied by each firm that arise inthe equilibrium. Provide a labeled diagram.
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