Reference no: EM131288637
1. The Production Process and Cost
You are an efficiency expert hired by a manufacturing firm that uses K and L as inputs. The firm produces and sells at a given output. If w = $40, r = $100, MPL = 20 and MPK = 40 is the firm minimizing cost in the long run? Carefully explain your answer. What is your advice to the firm?
2. Nature of Industry
Would integration between the following types of firms constitute a horizontal, a vertical, or a conglomerate merger? Explain your answers
a. A food company and a drug company.
b. A milk producer and a cheese producer.
c. A computer chip manufacturer and a silicon producer.
3. Perfect Competition, Monopoly, Monopolistic Competition
The graph below illustrates a monopolist in the short run.
a. How many units will this firm produce? How can you tell?
b. What price will this firm charge? How can you tell?
c. What is the maximum amount of profit this firm will earn? How can you tell?
d. Describe some of the barriers to entry that might allow a monopolist to continue to earn positive profits in the long run.
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Explain what qualifies the agency to create specific program
: Identify the target population and developmental stage of the population, as well as the intended program track. These will be elaborated upon further in the Program Narrative and Procedures section of the proposal.
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Caused and triggered the recessions
: Name 3 major recessions in the last 20 years in the U.S and other countries. What caused and triggered the recessions?
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Prepare journal entries to recognize bad debts
: At the beginning of 2016, Miyazaki Company’s Accounts Receivable balance was $105,000, and the balance in Allowance for Doubtful Accounts was $1,950. Miyazaki’s sales in 2016 were $787,500, 80% of which were on credit. Prepare journal entries to reco..
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Define stress relaxation of bolts
: Define nut dilation. Why can it be a problem? Compute the approximate thermal expansion of a 1=2-13 2, SAE J429 GR 8 bolt when it is subjected to a temperature rise of 1508F (e.g., from 708F to 2208F) ? Define stress relaxation of bolts. Under wh..
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How many units will this firm produce and how can you tell
: How many units will this firm produce? How can you tell? What price will this firm charge? How can you tell? What is the maximum amount of profit this firm will earn? How can you tell?
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Sources of information need to be provided
: Submit a copy of your written project report (not more than 1500 words) and oral presentation materials (in soft and hard copy) to the lecturer before the presentation. References: A Reference List is to be supplied as appendix. Details of all sou..
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Textbook on spreadsheet applications for business
: Eastman Publishing Company is considering publishing an electronic textbook on spreadsheet applications for business. The fixed cost of manucript preparation, textbook design, and Web site construction is estimated to be $160,000. Build a spreadsheet..
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What is the ultimate strength and yield strength of metric
: What is the ultimate strength and the yield strength (in MPa) of metric Class 4.6 bolt? Does an increase in hardness increase or decrease the tensile strength of a steel bolting material?
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What is gain or loss on the shares of stock he sold
: On June 1 of the current year, Ben Rork sold 500 shares of Kul Corporation stock. Rork had received this stock on May 1 of the same year as a bequest from the estate of his uncle, who died on March 1 of the current year. His uncle's basis in the stoc..
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