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Q. Having been trained in Managerial Economics, you are familiar with production functions, iso-quant and iso-cost analysis and or tools of microeconomics. How can you use these tools to decide best path for your company to pursue? Illustrate what are pros and cons of utilizing se tools?
Elucidate which is more cost-effective. If the salary rate increased to $12 an hour, which would be more cost-effective.
The function for the net exports is NX=200-100e, where e, is the exchange rate, and the exchange rate is initially 1.0.
Illustrate can the oligopoly market structure make profit for both consumers and businesses by forging common standards in industries that experience rapid technological change.
He drove this car until 2003 when he bought a Honda Civic for $18,000. If the price index in 1969 was 36.7 and the price index in 2006 was 180, Illustrate what is the price of the Dodge Dart in 2006 dollars.
During the purchasing decision, evaluation stage, the consumer forms preferences among the brands in the choice set.
Assume the price elasticity of demand for heating oil is 0.7 in the long run also 0.2 in the short run.
Calculate the constant debt-GDP ratio that the country can achieve if the country runs a primary budget deficit of 3%. Is this debt-GDP ratio stable.
Calculate total economic surplus under monopoly also competition. The difference is the social cost of monopoly
Explicate the difference between balanced growth strategy and unbalanced growth strategy.
Devise a hypothetical business situation in which buying a look back.
How does the real wage rate at point c compare with the real wage rate at point a. How do nominal wage rates compare at those two points.
Illustrate what effect do rising interest rates have on the value of the Australian dollar. Use an AD/AS diagram to show the effects on Real GDP and the price level of an appreciating Australian dollar.
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