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C an someone help me explain Reply to these prompts using the company for which you currently work, a business with which you are familiar, or a dream business you want to start:
Can someone help me explain Does the business operate in a market that is characterized by perfect competition, monopolistic competition, oligopoly, or pure monopoly? Explain how you drew your conclusion about its market structure.
Assume that the demand for short-order cooks at diners in a small town is ED=400 – 16 w , where E is the number of short- order cooks and w is the hourly wage rate. The market clearing wage is $8, but the town's City Council imposes a "living wage" o..
Consider a small country that exports steel. Assume that a "pro-trade" government deicdes to subsidize the export of steel by paying
Fresh Maine lobsters are flown from the United States to Japan. Conversely, fresh tuna is flown from Japan to the United States. How would you expect this pattern to affect the number of jobs in fishing in both countries? Which would be more expensiv..
There are three retirement plans under development. Each plan has a 6% compounded monthly and you cannot take a withdrawal until year 20. One plan requires a payment of X/year for the next 10 years. The other requires a payment of Y each year from ye..
uppose as a manager of a profitable department store you are confronted with a pricing problem. You have two types of customers: a high-end type that are willing to pay a price of $25 for a pair of Levis Jeans, and a low-end type customer that are wi..
Suppose that the economy is in a recession and assume that the IS curve is relatively steep while the LM is relatively flat.
How can we slove as detailed work in managerial economics subject chapter 4 and 5
Explain how competing solutions to the problem. Evaluate which one is preferable. Address the responsibilities of each level of government- federal. state and local.
A trade deficit means that a nation is receiving more goods and services from abroad than it is sending abroad. How can that be considered to be unfavourable? Would you be willing to pay $20 a year more in personal income taxes for debt forgiveness? ..
Some economists argue that policymakers can use monetary and fiscal policy to reduce the severity of economic fluctuations
Consider an employee who is considering embezzling $10,000 from his employer. The worker is risk neutral and estimates that the likelihood of being caught is 1%. There are two possible punishment mechanisms available to the court- monetary punishment..
To speed relief to isolated South Asian communities that were devastated by the December 2004 tsunami, the U.S. government doubled the number of helicopters from 45 to 90 in early 2005. In terms of “production” of relief, what kind of return to scale..
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