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An autoclaves and sterilizers manufacturer has estimated the manufacturing costs of its new product as follows:
Cost Elements Cost Rate
Direct labor $20 per hour
Material $270 per unit
Overhead costs 110% of direct labor
The company's engineer estimated that the production of the new product has a 88% learning curve applied to labor required, and the time to complete the first unit was 54 labor hours.
Assume the time required to complete the 10th unit and the competitor's price of $2053.44 per unit are used for cost estimation purposes. What is the maximum profit margin for the company to remain competitive?
A binding price ceiling...
Many argue that breaking up a monopoly is a Pareto-efficient change. This interpretation cannot be so because breaking up a monopoly makes its owners (or shareholders) worse off. Do you agree or disagree.
Suppose a manufacturer is a monopoly. This manufacturer produces a good at MC = 4 and sells it to a retailer. The manufacturer has no fixed costs. The retailer is also a monopoly, and it sells the good bought from the manufacturer to consumers.
Do current politicians use to manage and influence to get reelected. Is this a "valid" use of political power.
Line segments will automatically connect the points. Remember to plot from left to right also plot among integers.
q. pb 140 - 4ab where pb is the ticket price paid by businesses measured in dollars and ab is their attendance
Assume the Bank of Japan allowed the money supply to grow by 2% each year while the Bank of Korea chose to maintain relatively high money growth of 12% per year.
What changes in sales would you anticipate if you were manager of a Dodge/Plymouth franchise. What is each firm's marginal revenue.
Briefly describe what globalization means to you, to your company or organization, and to Canada using the principles of the Circle of Reflection. List influences that you believe it will have on stakeholders.
llustrate what are the quantities produced before and after the tax was imposed.
APA format advising the President of Rodamia making recommendations for international trade.
Suppose further that the MCP is 0,8 if the government wants to increase the real GDP to 2000 billions, by how much should the government increase /decrease its lump-sum taxes? Assume the price level is fixed.
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