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Discuss a decision made by your chosen company that involved costs that should have been ignored. why did the company include these costs in their decision process. why did the cmpany make this decision and how did these costs affect the decision. based on what you have learned in this course, what advice/recommendations would you give the company?
Smith has been trying to sell his house for 6 months although so far there are no purchasers. Draw the market for Smith's house.
A competitive firm that is profit maximizing pays a wage. The firm has started marketing its new product.
Elucidate how much profit will it earn at that output rate. If the marketplace price dropped to $10, illustrate what should the firm do.
find an identical output for each firm that maximizes joint profits.
Using the method of Lagrange multipliers to derive Sharifah's demand for brownies and espressos. Explain how many brownies and espressos will Sharifah consume.
Illustrate what is the point of view of free trade and protectionist on: infant industries; Job Protection; Standard of living; Specialization; and National security.
Did the economic recession we've experienced recently affect your organization
PbP Company have pay $10,000 to disassemble and ship the furnace to the new owner. What is the net cash flow after tax as it will result from selling this furnace in the year 2012.
Assume the market for cough syrup is in equilibrium. Now, suppose the government imposes a price ceiling that is above the original equilibrium price. Illustrate what are the economic effects of the price ceiling?
The no-trade equilibrium in Foreign. How do the relative no trade prices of computers compare in Home and Foreign.
Why do monopolistic competitors have a tendency to advertise much more than perfectly competitive firms?
What is the MRS Is this consumer at an optimum. If not at an optimum should the consumer buy more of the X good or more of the Y good.
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