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his week we examine the things businesses need to know about business costs and profit maximizing or, in a worse case, loss minimizing. In the process, we create a supply curve. Look around the stores and restaurants around you. Have you seen a lot of going out of business signs during the economic slump? GM and Chrysler filed for bankruptcy although both received bailout money. Discuss business profits that rely on fixed and variable costs and revenues. Can you give examples of the companies that have high pension costs? Why are companies using more technology input while reducing labor input? Why are the Average Cost Curves U-shaped? What is the Law of Diminishing Returns? Discuss a company's two short run options: 1. stay open or 2. shut down.
To what extent does educational planning in the policy decision ought to be guided by economic considerations
What is the relationship between marginal cost and marginal revenue when single-price monopoly maximize profit.
Elucidate how does the price of fertilizer compare to the average total cost, the average variable cost also the marginal cost of producing fertilizer.
Suppose that the government imposed a $1 tax each time someone used an ATM.
Suppose you have a production technology that can be characterized by a learning curve. Every time you increase production by one unit
Analyze these indicators and prepare a 3-4 page report explaining the expected short impact on firms.
Select one topic from below. This will be the subject you will research you will need to comprise an outline, a rough draft also the final draft.
Explain why are changes in inventories included as part of investment spending
Illustrate what would have been the welfare implications of a ban on oil imports.
Illustrate what might account for these trends. Compute currency in circulation as a percentage of M2.
Illustrate what is the equilibrium to this game.
Illustrate we know about the effects of mandatory seat belt laws, which of the following groups would be most likely to mount a campaign to repeal those laws.
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