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Suppose the employees of Starbucks in China are paid 8 yuan per hour and a cup of coffee is priced at 8 yuan. If Starbucks is maximising its profit,
a. what is the value of marginal product of labour (VMPL) per hour of the last worker employed by Starbucks? Briefly explain your answer.
b. what is the employee’s marginal product per hour of the last worker employed? Briefly explain your answer.
We have a bond issue currently outstanding that has 25 years left to maturity.the coupon rate is 9% and coupon are paid semi annually.the bond is currently selling for $908.72 per $1000 bond what is the cost of debt
q1. a monopoly with constant marginal costs of 50 can sell to three groups of potential consumers with demands q1 800
Some employers no longer consider a prospective employee's grade point average as a useful signal. Why might this be the case? because it is not fair to the students who put in a lot of effort and still get bad grades
Compute the numerical elasticity of long-run demand. Is it unitary, elastic, inelastic, etc. Explain why would consumers demand 0 minutes in the long run if the price was $.30 per minute.
Assume you are part of a research team evaluating a proposal to clean up a hazardous waste site.
Suppose the demand for a movie ticket can be written as: If the cinema can offer tickets to a movie at zero marginal cost and can verify the purchaser’s age, what prices will be charged?
Assume that the reserve requirement is 20 percent. Also assume that banks do not hold excess reserves and there is no cash held by the public. The Federal Reserve decides that it wants to expand the money supply by $ 40 million dollars. If the Fed is..
A price index for nonresidential construction was 14 in 1949, 92 in 1987, and 114.5 in 2000. According to these numbers, what did the hospital cost approximately.
Suppose that for a firm that digs ditches for laying cable or pipeline, backhoes and backhoe operators are pure complements in production, being used on a one-for-one basis. Draw the isoquants (on a graph with backhoe, “K”, and backhoe operators, “E”..
As the exclusive carrier on a local air route, a regional airline must conclude the number of flights it will provide every week also the fare it will charge.
What is the marginal rate of technical substitution of labor for capital at any point along an isoquant?
What is retained earnings. What items increase balance in retained earnings. What items decrease balance in retained earnings.
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