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Since proposals all suggest some kind of change, the author of the proposal generally has to demonstrate some shortcomings with the status quo, that is, a problem to fix or an untapped opportunity to pursue. In your first posting, then, write a complaint message (one full paragraph at least) describing some problem or problems you are encountering in your work environment, like lack of resources. Alternatively, write an informative message identifying an untapped opportunity relevant to your work or community. Assume you are writing this message to a friend with whom you can be totally candid. Good ideas for change often develop out of a discussion starting with an initial complaint or observation that things could be better.
The percentage effect which increase in output will have on the profit made from producing and selling commodity Alpha will be.
Inflation is forecasted to remain consistent with its target over the next 1-2 years. Inflation arises when:
A movie theatre has a cost function which entails the rent of the commercial building of $50 per day (fixed cost) and a marginal cost of $5 per viewer. Assume now that the movie theatre can give price discounts to students. Explain the concept of pri..
A property, if sold today. will provide the equity investor with $250,000 in cash flow after taxes. If the property is held, the annual after-tax cash flow received by the investor is expected to be $23,000 per years 1 to 5. If held and sold in 5 yea..
Japanese rice producers have extremely high production costs, in part due to the high opportunity cost of land and to their inability to take advantage of economies of large-scale production. Now an economist is trying to analyze two policies which a..
The payoffs to each firm (in billions of dollars) and an extensive form game between BP and Shell are shown in the figure. BP has 20 percent of the U.S. gasoline market share and Shell has 16 percent market share. BP and Shell are attempting to deter..
Cost of production- in any industry in Australia where costs of production are an important issue and analyse what is being done in the industry. May be the industry is switching to technology or/and some substitutes have been used to overcome thi..
Assume that the production function is given by Y = AK0.5L0.5, where Y is GDP, K is capital stock, and L is labor. The parameter A is equal to 10. Assume also that capital is 100, labor is 400, and both capital and labor are paid for their marginal p..
q1. studies have fixed the short-run price elasticity for gasoline at the pump at -.20. suppose that international
Describe the business and provide a summary of the business analytics they could apply to their business in multiple scenarios.
Medium household income in County C is $54,021. Medium household income in Country D is $28,739. In County C, 17.4 percent of residents smoke. In County D, 28.4 percent of residents smoke. What is the arc income elasticity of demand for tobacco use?
Consider a copy shop with annualized fixed costs of $1000 and variable cost of $0.03 per page. The shop presently has orders for 100,000 copies at a price of $0.05 per page. What is the shop’s average cost (AC) without taking the new order? Is it les..
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