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1. Is it necessary for the business owner to be, at the same time , the manager of a business?
2. How may raw labor be upgraded for one to earn more. Explain.
3. What may be the practical importance of a study of managerial economics for a student like you?
You plot the production function for the United States on a graph with output per person on the vertical axis and capital per person on the horizontal axis. If a shock occurs causing the productivity parameter to increase, the production function ..
Martha has the utility function U(x, y) = min {4x,2y}. Write down her demand for x and y as functions of the variables m, px, and py, where m is income, px is the price of x, and py is the price of y.
As a business consultant, how would you explain to your client what determines the economic rent for land?
Identify the television show or recent movie you watched, and introduce the brand of a consumer product that you found was featured in the plot of the story.
How would you react to a physician who wants the organization to purchase a new piece of technology that the competing hospital
If a women is chosen at random from the test group, and if the test indicates she is pregnant, what is the probability that she really is pregnant?
To decrease the money supply, the Fed can. What is the Herfindal index industry in which one firm has a 20 percent share of the market and eight other firms each have a 10 percent share? Aggregate concentration is a concept that applies to _____.
Analyze and explain the impact of the proliferation of mobile devices on cloud-based computing in various industries. For example, the rise of mobile phones and cloud-based computing has impacted the high-tech industries and education through a sh..
Calculate the IRR for this investment. How would you explain result of your analysis? (Show your analysis in graphs of present worth versus interest rate)
You are the Chief Economic Advisor of the President of Dreamland. Right now the country has unemployment of 5.0 %. The country has suffered a severe recession few years ago and it is showing some signs of slow growth lately but lot of people are stil..
Assume income is constant, Px decreases to 1.5, and Py decreases to 0.75. This change in prices is equivalent to changing income by what dollar amount?
q1. explain the effects of the increase in global demand for cell phones on the market for cell phones and on an
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