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A company yearly sells 7,890 units. The cost of placing an order is $100 and the carrying costs are $2 a unit. What is the EOQ, the duration of the EOQ, and how many orders are placed annually? If the safety stock is 100 units, what are the maximum and average levels of inventory?
Illustrate hat are the positives and negatives of protectionist trade policies on the part of the federal government.
Using the dynamic augmented Phillip's Curve model (Y/PC/MR), demonstrate the effects of the Following changes. Show both the short-run and long-run effects.
Illustrate what are the pros and cons of performing an engineering economic analysis
Illustrate which national financial policy programs are best for addressing the problems in the U.S. economy
Assume that initially equilibrium was 200 units and that this was also full employment level of income
You should suppose that the accident at Chernobyl had no effect on the price of hot dogs or Jane's preference of caviar.
Compute and contrast the options that the local governments will need to discuss given the lack of resources that are currently available.
Give the before-tax charcoal price and quantity exchanged. Give the after-tax charcoal price to buyers, the quantity exchanged, and total tax revenues.
Illustrate what two kinds of changes in the capital stock can improve labor productivity. What determines the slope of the per-worker production function.
What is the business cycle and how is it linked to a secular trend? Describe each of the four phases of the business cycle and indicate how they a linked to the concepts of a "boom", a "recession" and an "expansion".
If it will cost us approximately $0.75/bottle to supply more Coke to our consumer what should we do if our goal is to maximize profit.
Assume the market demand curve in an industry is characterized by P=1-Q, where P is the market price and Q is the total quantity supplied to the market. Assume there are three firms in this industry.
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