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The following figures refer to a firm production department during a certain week. Estimate TVC and AVC.
No. of workers employed 50
No. of units produced 100
Weekly wage of each worker 200
Weekly rent of shed 400
Raw material used 1600
Power 300
An economy begins in long-run equilibrium and then a change in government regulations allows banks to start paying interest on checking accounts. Recall that the money stock is the sum of currency and demand deposits, including checking accounts
Illustrate what would happen to general and specific training in labor markets.
Illustrate and fully explain using an example of relevant cost (a cost whose value does affect the optimal decision) and an example of irrelevant cost (a cost whose value does not affect the optimal decision) to the business regarding this decisio..
Describe the total shortage associated with the price ceiling. Compute the full economic price. How much is the non-pecuniary price.
Determine what activities should we look for in order to estimate if an entrenched management is taking actions that would harm us as shareholders?
The report should consist of opportunities and threats caused by globalization and the reactions from them. Gabe has also explained that you have done really well on your previous assignments and are proving to be an important addition to the econ..
Assume a firm has just introduced a new line of ceramic insulators for which it has received patent protection, effectively granting the company monopoly status in the industry.
Illustrate the amount of total benefits-total costs also total net benefits at the selected quantity
Discuss the advantages and disadvantages of free international trade and Keynesian giving emphasis in the demand-side of the economy and Explain why under fixed exchange rates the monetary policy is not effective.
Elucidate that the indirect utility fuction of quasi convex function of prices and income
saving exceeded investment and the government is running a balanced budget. What is likely to happen What would happen if the government were running a deficit and saving were equal to investment
It all begins two years ago when the officials in Plentiful decided to raise the tipping fees at their Raw End
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