Using the economics of the firm-multi-billionaire who claims

Assignment Help Business Economics

Reference no: EM131094671

Republican presidential candidate Donald Trump is a multi-billionaire who claims that, if elected, he would run the country like a business firm. Using the economics of the firm, explain why this may not be so

Reference no: EM131094671

Questions Cloud

Leadership supports innovation : "In a healthy innovative company, leadership supports innovation." Do you agree or disagree? Are there variations across industries or fields? Provide examples to illustrate and support your position.

Write the equation for the firm short-run supply curve : A competitive firm has a short-run total cost curve STC (q)= 0.1q^2 +10q +40. Find and plot the SAC and SAVC curves. For this function, the SMC curve is given by SMC (q)= 0.2q +10.Include this curve in your diagram for part b. Write the equation for..

Suppose that real domestic output in an economy : Suppose that real domestic output in an economy is 300 units, the quantity of inputs is 50 and the unit price of the input is $9. The level of productivity and the per-unit cost of production are, respectively:

The two nations combined production of wheat will : Look at the figure The Production Possibility Frontiers for Jackson and Tahoe. In autarky, Jackson produces and consumes 30 head of cattle and 80 bushels of wheat, while Tahoe produces and consumes 80 head of cattle and 60 bushels of wheat. With comp..

Using the economics of the firm-multi-billionaire who claims : Republican presidential candidate Donald Trump is a multi-billionaire who claims that, if elected, he would run the country like a business firm. Using the economics of the firm, explain why this may not be so

How will this affect the exchange rate : The government of a small open economy is considering the following policy changes. Evaluate them and show the expected outcomes (sketch graphs to help visualize the changes). The trade minister wishes to restrict imports through quotas in order to p..

How much economic surplus : The most you would be willing to pay for having a freshly washed car before going out on a date is $15. The smallest amount for which you would be willing to wash someone else’s car is $12.50. You are going out this evening and your car is dirty. How..

What is the equilibrium quantity : soda consumption, the government has placed a tax of $4 per two-liter bottle that is added to the consumer’s bill at the checkout. Before the tax was imposed, what was the equilibrium quantity? After the tax is imposed, what is the equilibrium quanti..

What is the total cost of providing that amount of water : The market marginal value curve for water (measured in thousands of gallons) is MB=220-.5Q, where MB is the marginal value of water, and Q is thousands of gallons of water each period. The marginal cost of providing the water (including treatment, pu..

User Account

All Pages