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1) A Manufacturing Company has hired an economist to evaluate its financial situation. She explains to the board of directors that the company is making zero economic profit. Should the company go out of business?
2) The boss observes that her 5 workers produce 8 couches a week. Conncluding that he can employ 10 workers and make 16 couches, 15 to make 24 couches, or 20 to make 32. Explain why this observation is either correct or incorrect.
If the company has not paid dividends, discuss why think the company is not paying dividends or whether they should consider adopting a dividend policy.
Discuss the meaning of e-Commerce from a business and technical perspective and appreciate the business environments conducive to the use of successful e-Commerce applications
What role do property rights play in creating common property resources? Why are common property resources subject to market failure due to non-excludability?
1). List three businesses that can exist today, because of the World Wide Web that could not have existed before the advent of this technological communication system. 2). How has the World Wide Web supported the establishment and functioning of th..
Analyze the current macro economic situation and discuss changes in economic, financial and international conditions in the near future.
q1. assume you were appoint as an adviser to a developing country and you were versed in the theory of production the
Does federal revenue as a percent of GDP change with changes in tax rates? Explain with reference to the Laffer Curve concept.
The president of the United States receives an annual salary of $400,000. Derek Jeter, shortstop for the New York Yankees, receives an annual salary of $23.2 million. If the president of the United States actually contributes more to society than Der..
In the absence of regulation, firm 1 would emit 15 and firm 2 would emit 20. The firms have the following marginal control costs where q1 and q2 are the amount of emissions reduced by each firm. If instead an emission permit system was established, h..
how many pineapples will she consume? If her income increases to $120, how many grapefruits will she consume? Are grapefruits a normal or inferior good?
Why do some companies spend a lot of money for advertising? What does it say about a the market structure the company is in when they advertise a lot or a little?
Explain why monopolistically competitive firms frequently prefer non-price competition to price competition.
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