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Discuss the difference between how accountants and economists calculate profit giving example of costs each might use in this calculation.
• When might accounting profit and economic profit be the same?
Using the same product example above, analyzing how the risk tolerance factors play in supplying the good or service and how this should influence management's decisions.
craft unions both industrial and craft unions attempt to raise their members wages but each goes about it differently.
to assist the sale of your products in a particular foreign market you are advised to pay a 10 percent commission to
Explain in detail how each of these forces influences the auto industry, and propose how the auto industry should respond or react to each force. Businesses not only respond and react to external forces, but can also attempt to influence them.
Find the change in the equilibrium level of output when there is a $10 increase in net export spending and the MPC =0.50, 0.75, and 0.80.
1. which of following is necessarily true regarding total utility tu and marginal utility mu?a diminishing mu implies
Suppose that the trade pattern of a country is that it exports foodstuffs and imports fancy sports equipment. Can you make a case that trade acts like a regressive tax in its impact on the distribution of real income and welfare within the countr..
Also suppose that the actual professional staff hours charged to clients' accounts and the actual overhead costs turn out to be exactly as estimated in both years. By how much would the overhead be underapplied or overapplied in 2008 and in 2009? (Le..
a critique of the 2012 united states federal budget. the body of the paper not counting title and the reference page
It can produce 100 cars with 200 workers and 50 machines, or it can produce 166 cars with 300 workers and 75 machines. Would you describe the manufacturer production function as exhibiting decreasing, constant, or increasing returns to scale? Explain..
the present value of his endowment would be what? I know the answer is 2500, but I need to know HOW you get this?
Given the following total-revenue function tr=9q-q2 (a) derive the total-, average-, and marginal- revenue schedules from q=0 to q= 6 by 1's
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