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Walmart is laying off cashiers, and increasingly adopting the policy where customers must use self checkout or pay a fee. Jason Clarke is the manager of a Walmart. There are 20 cashiers and 8 self-checkout stations in this store to serve 1000 customers every hour. if the MRTS at this point is 0.2 (capital is on the vertical axis of isoquant map) the Jason would be willing to lay off ________ cashiers for one more self checkout station in order to maintain current service.
A family that won a $100,000 prize on America’s Funniest Home Videos decided to put one-half of the money in a college fun for their child who was responsible for the prize. If the fund earned interest at 6% per year, how much was in the account 14 y..
Elucidate how each change mentioned in the article impacts upon the aggregate expenditure model.
The three problems of resource allocation are faced by
Austria has a history of strong hostility to nuclear power, and over the last twenty years the Austrians have shut down all of the reactors in Austria
in 1981 a boston-based gas station owner set the highest gasoline prices in the nation. during that summer he charged
Two mutually exclusive alternatives are being considered for the environmental protection equipment at a petroleum refinery. One of these alternatives must be selected. Which environmental protection equipment alternative should be selected? the firm..
Your sales are $63,000.00 and your stock is reduced by $27,000.00 worth of markdowns. Your receipts are $75,000.00. What is your ending inventory?
What is the value of the total withdrawal (Savings + Taxes + Imports) when the economy is in equilibrium? Where I don't know the vaule for S (Savings).
Given the increasing longevity of Americans and the costs of providing long-term care, anticipation of the costs should be a major element of every family’s financial planning. Current information suggests however, that very few families or individua..
Explain and illustrate graphically relationship between price consumption curve of a normal good and a consumer's demand curve.
How should the federal reserve react if they desire to bring inflation down to 3%. When will they achieve that goal?
Suppose that in the year 2010 the number of births is temporarily high. Explain how does this baby boom affect the price of babysitting services in 2015 and2025.
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