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Q1. Bill is restoring a car also has already spent $4,000 on restoration. He expects to be able to sell the car for $6,200. Bill discovers which he needs to do an additional $6,200 of work to make the car worth $6,200 to potential buyers. He could also sell the car now, without completing the work, for $3,800 Illustrate what should he do?
Q2. Illustrate Explain how each of the subsequent events affects the equilibrium price also quantity of pizza- the price of mozzarella cheese rises.
An HR manager comes with an matter symptomatic of an underlying problem. He says which levels of employee motivation in his organization are dropping leading to drop in employee productivity.
The payoff matrix of economic profits above displays the possible outcomes for Bob and Jane who are involved in game of whether or not to advertise.
what is the expected economic life for this water pump and what is the minimum annual equivalent cost.
Provide a rational for why you feel the new target market and pricing strategy would be successful and the likely impact to the profitability of the firm.
The demand for bread will fall if more Americans go on a low diet. The cost of bread will fall due to the decrease in the demand for bread.
Alex's Furniture Mart produces and sells tables in a perfectly competitive market. When Alex's Furniture Mart produces and sells 250 tables.
Based on your understanding of the gains from trade, do you think which these payoffs actually reflect a nation's welfare under the four possible outcomes.
Suppose a firm pollutes a stream that has a recreational value only when pollution is below a certain level. If transaction costs are low.
Walmart founder Sam Walton amassed an enormous fortune in discounts retailing one of the most viciously competitive markets imaginable.
Graph the individual's budget constraint taking account of both Social Security benefits also the possible withholding of these benefits based on the individual's earnings.
The unsold computer is carried on XYZ's books as an $800,000 increase in inventory.
Talk about why a government may want to impose price control. But in this case, does the Mugabe government achieve its intended purpose
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