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Richard Dulski’s firm is about to bid on a new radar system. Although the product uses new technology, Dulski believes that a learning rate of 80% is appropriate. The first unit is expected to take 720 hours, and the contract is for 45 units.
What is the total amount of hours to build the 45 units?
What is the average time to build each of the 45 units?
Assume that a worker works 2,100 hours per year. How many workers should be assigned to this contract to complete it in a year?
If the price-taking firm was earning zero economic profits before the dynamic efficiency, will the level of profits change after? If so, show the extent of the change.
To prevent inflation,the Fed should follow Teddy Roosevelt's advice: 'Speak softly and carry a big stick.'" What would the Fed's "big stick" be? What is the statement trying to say?
What actions did Congress and Supreme Court take to reduce monopoly power in late-19th century. How successful were these actions in regulating business activities.
How might the university administrator lure the college athlete to choose them over others? Would this type of price control be considered a price floor, a price ceiling, or neither?
What is the initial level of output per person? What is the level of output per person after 10 years?
Define adverse selection in a general way and then provide a more specific definition of adverse selection in an insurance market and explain how adverse selection manifests itself and becomes a problem in insurance markets.
Illustrate what is the quantity of burgers demanded in equilibrium.
Honda uses flexible plants in manufacturing of its cars. Discuss where this method of production results in optimum output.
Explain how did mortgage-backed securities spread losses during the mortgage default crisis.
The value of the recreation has been conservatively set at$0.50 per hour. At a discount rate of 3% per year, what is the B/C ratio for the project?
56.a californian college student consumes internet services i and books b. her preferences are represented by a
A boiler is being considered for a new process plant. The boiler can be fired either by natural gas, fuel oil, or coal. A decision must be made on which fuel to use. An analysis of the costs shows that the installed cost, with all controls, would be ..
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