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A firm's short-run production function is 6L2 - 0.2L3 where Q is output and L is labor force. Find the size of the labor force that maximizes this firm's output.
What is the maximum output?
Identify the characteristics of a monopolistically competitvely market and an ologopolistic market. Discuss how these characteristics change the perfectly competitive graphs. Does the process for deciding on the optimal price and quantity change?
q1. if the us economy is operating near full employment and the exchange rate increases the dollar appreciates explain
If her original investment 15 years ago was $500 and interest in the account has varied as shown, what is the current value of her savings?
The data in the following table represents Canadian wheat market where, Qd and Qs are the quantity of wheat demanded and supplied in bushels per week.
Select multiple marketing channels and discuss how the channels will work together to promote the product/Marlboro cigarettes. If Malrboro Company already uses multiple marketing channels, suggest a possible strategy to improve sales using a differen..
Using your login information, sign in to the SHRM website and do a search on one of the topics below. From the results, choose an article to read.
New technologies may open a can of worms, so to speak, of unintended consequences. However, fear may slow beneficial change.
The differences between the single Federal executive vs. California’s plural executive. The historical origins of the single Federal executive vs. California’s preference for a plural executive. The potential advantages and disadvantages of both the ..
A monopolistic firm faces the following demand curve. Q = 7800 -12 P This monopoly's cost function has been estimated as follows: TC = 460,000 + 50 Q. What price should this monopoly charge to maximize its profit? What would be its equilibrium profit..
Consider a closed economy which can be characterized by the following equations: C = 400 + 0.8YD I = 600 + 0.1y- 1000r G = 300 T = 125 (M/P)d = 0.2Y-6000r (M/P)= 400 a. Solve for the goods market equilibrium and state the equation for the AD and IScu..
What are the three factors that determine the behavior and ultimate value of people in an organization? From a manager’s perspective, which is the most important factor of the three? Give an example, supporting your choice.
Show that for any level of output q, the minimum cost of producing q is $q. d. Explain how a 10% wage tax would affect the way in which the firm chooses to produce any given amount of output
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