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A copy company wants to expand production. It currently has 20 workers who share eight copiers. Two months ago, the firm added two copiers, and output increased by 100,000 pages per day. One month ago, they added five workers, and productivity also increased by 50,000 pages per day. Copiers cost about twice as much as workers. Would you recommend they hire another employee or buy another copier?
A company manufactures radios. If x is the number of radios that retailers are likely to purchase. Elucidate the revenue function of the manufacturing company.
Congress cannot dictate how many workers industries hire at mandated wage. Given this fact, Illustrate what are effects of this law. Specifically, illustrate what happens to employment, output and total amount earned by workers.
Extend this comparison by choosing a different point on this period's PPF and discuss whether that combination leads to more or less growth over the next period.
Illustrate what is the short-run market supply curve. Find out the short-run equilibrium cost and quantity in this industry.
Elucidate the disadvantage of the simultaneous lending strategy. Be mindful of the group lending scheme which Grameen Bank adopts.
Elucidate how they will help to improve the GDP as a tool for measuring the well-being of a nation.
Why would you sell these items through retail stores, or would you try direct marketing.
Chief Executive Officer (CEO) Pay There are several possible methods for determining the pay of CEOs in large corporations.
The Microsoft Case Microsoft Monopoly--Why was Microsoft investigated for antitrust behaviour.
Discuss what happens to equilibrium price and sales. Explain why or why not this makes sense in the real world.
Suppose that you are the owner and operator of a perfectly competitive firm with the following total cost function.
Elucidate how events such as the World Trade Center and Pentagon attacks described in the case study affect the aggregate demand curve.
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