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Think of a business firm you recently visited (such as Walmart, Home Depot, Red Lobster, Barnes & Noble, McDonald's, etc.). What motivated the producers of all the individual products in the store to make them and offer them for sale? How did the producers decide on the best combinations of resources to use? Who made those resources available, and why? How does the market determine who will get the goods and services? Who decides whether these particular products should continue to be produced and offered for sale? How do these decisions differ between capitalist and socialist systems?
Common stock A has an expected return of 10 percent, a standard deviation of future returns of 25 percent, and a beta of 1.25. Common stock B has an expected return of 12 percent,
The following table demonstrate yearly sales information for Landrover, Inc., over the ten-year 1998-2008 period:
A company has a technology described through the production function, Calculate the quantity of labor demanded by the firm and cost minimizing K/L ratio.
College A is planning outsourcing their groundskeeping. They have been given a bid from Groundskeeper Willie for $250,000 a year, with the claim that he will keep school grounds in the same condition they are in now.
Write a note on managerial decision-making under perfect information, risk, uncertainty and What are the limitations of opportunity cost, Analysis.
The following table shows information for a simple production function. From the data in the table, calculate marginal and average products.
Suzie's Silk Scarves is a start up that sells high quality scarves out of a boutique store. The monthly rent of store is $1,500 and Suzie has one manager who runs the store and receives $3,000 each month.
The Zinger Corporation manufactures and sells a line of sewing machines. Demand per period (Q) for a particular model is given through the following relationship:
When Average cost is falling, marginal cost will be below average costs?
A company uses two inputs to produce a final good. If the price of one of the inputs raise and price of the other remains the same
Pratt or Julian Barbeque is a small restaruant in Columbia, Missouri. They employ 4-part time employees earning $48 per day.
Suppose that the risk free rate of return is 3% and the market portfolio on the capital market line (CML) has an expected return of 11 percent and a standard deviation of 14 percent.
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