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Indicate the effect that each of the following conditions will have on a firm’s average variable cost curve and average fixed cost curve. Substantiate your answer
a. The movement of a brokerage firm’s administrative office from Bangalore city to Whitefield, where the average rental cost is lower
b. The use of two shifts instead of three shifts in a manufacturing facility
c. An agreement reached with the labour union in which wage increases are tied to productivity increases
d. Elimination of lump-sum tax imposed on manufacturing firms
e. Imposition of stricter environmental protection laws.
Calculate the total money creation in the economy with the help of formula and how the banks create money with the help of given information.
Pick a real-life rm that bundles products in some way. Describe how this pricing function is a form of price discrimination; in other words, why do some consumers effectively "pay more" for a particular product than other consumers do? Why is it a..
On a typical day, Park Place Clinic writes 1,000 dollar in checks. It generally takes four days for those checks to clear.
Capital and labor are perfect complements in production for this firm - production process
If the villagers together decided to achieve the allocation in part (b), what kinds of rules would the need to institute If they wanted everyone to benefit equally in the new system, what kind of tax and transfer system would they need
Brazil’s president, Dilma Rousseff, and her finance minister, Guido Mantega, are attacking the U.S. Federal Reserve for aggressively buying bonds and driving the exchange rate of the dollar down
Major multinational company such as Acme (some of which are listed below) attempt to track the relative movements and magnitudes of global capital investment.
A monopolist currently charges $50 a unit for the 100,000 units of product it produces and sells every month. An economic analysis has shown that,
Explain how can rational thinking the above behaviors. How do your thoughts impact, if at all, your opinion of the theory.
a. Explain how asymmetric information about a hidden action or a hidden characteristic can lead to moral hazard or adverse selection. b. Discuss a few tactics that managers can use to overcome these problems.
the European central bank euro area statistic for the most recent last-year period since the outburst of the global financial crisis. have their growth rates been similar what implications does this have for the conduct of monetary policy
At some universities and colleges, economics professors earn hugh salaries than professors in some other fields.
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