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Two partners own together a small landscaping business in North Carolina, called Summer Lawn Care. They have been specializing in summer grass seeding, installation, and maintenance. Recently, the partners acquired special technology and know-how for winter grass installations and maintenance. They also added a tree cutting service as recent storms in the area had caused demand for this service to soar. One of the partners insists that the name of the business should change to Lawn and Tree Care, so that it better reflects the range of services and, thus, generates more customer interest, and thus contracts. The second partner wants to keep the old name and argues, "We have already paid for business cards, vehicle paint, signage, and ads in Yellow Pages". Evaluate the arguments of the two partners. Explain and illustrate their points by identifying the relevant and irrelevant costs for this decision.
the externalities of educationwrite a paper in which you1.identify and discuss three externalities positive or negative
discuss how the actions of the federal reserve specifically an increase or decrease in money supply affect the other
If the government subsidizes private colleges and sets the subsidy so that the efficient number of students will enroll in college, what is the subsidy per student? How many students will enroll?
Find out if, for the good marked with ALL CAP lettering, if there is the increase or decrease in demand.
n firms choose prices simultaneously in each period. nbspthe discount factor is delta per period. nbspsuppose firms try
why would the country for example china select to keep their currency relatively pegged to u.s. dollar? if the u.s.
Consider a firm selling two products, A and B, that substitute for each other. Suppose that an entrant introduces a product that is identical to product A. What factors do you think will affect (a) whether a price is initiated, and (b) who wins t..
write a 4-6 page paper in which you address the following questions1. what are the effects of unemployment labor issues
Represent this economy using the AD/AS model and explain the model and what problem will occur in the economy if no fiscal policy is pursued? What fiscal policy tools could be used to combat the problem? ECOM4000
What is the expected value and variance of the number of defective chips and what is the probability that they discover exactly 9 defective chips in this test?
In the short run, a firm operating in a competitive industry will shut down if price is less than average total cost, less than average variable cost.
Production costs chargeable to the finishing department in June for the Cascio company: Materials: $16,000, labor: $29,500, overhead: $18,000, equivalent units of production/materials: $20,000, conversion costs: $19,000
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