Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
1. In a pure competition market, producers should produce and sell where P=MC. Why? Why couldn't they price their product above MC or wherever they want? Explain your reasons. 2. During the most recent recession General Motors and Chrysler lost huge sums of money in their operation (not counting government bailout money they could not assume they would get). How could they continue to operate at a loss? 3. You want to determine the profit-maximizing production quantity for a monopolist. You can ask the firm's consultant to draw the firm's revenue and cost curves, but each curve would cost you $1,000. From the following list indicate which curves you will request and why? a) average total cost, b) average fixed cost, c) average variable cost, d) marginal cost, e) demand, and f) marginal revenue. 4. Why do Senior citizens pay less than everyone else for admission to a movie, but pay the same as everyone else for movie-popcorn? 5. Critical Thinking: Think about this statement from a wheat farmer to the workers. "The price of wheat is low this year, and the most I can get for the crop is $35,000. If I pay you the same amount as last year ($30,000) I will lose money because I also had to pay $20,000 three months ago for seed and fertilizer. I'd be crazy to pay a total of $50,000 to harvest a crop I can sell for only $35,000. If you will work for half as much as last year ($15,000), my total cost will be $35,000 and I will break even. If you don't take a pay cut, I won't harvest the wheat." Is he bluffing? Does the farmer make economic sense? Why or why not?
illustrate what fee customers were willing to pay for expedited payments, the bank conducted a survey. It was able to determine that many of the people surveyed already paid fees for expedited payment services.
How does stakeholders' satisfaction affect triple constraint. What would you do to prevent changing project requirements that might lead to scope creep.
Utilize Managerial Economics to make your case, and remember that the Senator has not had benefit of the course you are taking. demonstrate and document the trends in medical costs
Illustrate what is the economic profit (or loss) of Texas Citrus Company in the short run. Do new orange growers enter the market in the long run.
Using the following table, compute the 95% confidence intervals for the expected annual return of the four different investments.
Which partner has the comparative advantage in cake baking? Explain. Plot their combined PPC, including the number of cakes and pies at each of the three corners.
Describe the organizational structure of your selected organization. Evaluate and difference that structure with two different organizational structures.
Given the difficulties which the regulation of public utilities faces that would it not is better to nationalize public utilities as several European countries have done.
What is a budget deficit. Explain how are budget deficits financed? Why do Keynesians believe that budget deficits will increase aggregate demand.
Marge opens an oxygen bar in a building she owns. She utilized to rent the building to her brother in law.
How much control might an organization have over pricing based on a product's elasticity. Discuss which of elasticity rules you used to determine your answer.
Illustrate what government body makes fiscal decisions. Policy makers for national fiscal policies. Explain the effects of fiscal policies.
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd