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Please assist with these two part question. Your kind assistance will be appreciated
A) Economist Jones defines an increase in supply as a decrease in the prices needed to ensure various amounts of a good being offered for sale. Economist Brown defines an increase in supply as an increase in the amounts that producers will offer at various possible prices. Economist Clark defines an increase in supply as an increase in the amount firms will offer in the market which is caused by an increase in the price of the product. Which, if any, of these is defining an increase in supply correctly? Explain.
B) Suppose all firms in a perfectly competitive market structure are in long-run equilibrium. Then demand for the firms' product increases. Initially, price and economic profits rise. Soon afterward, the government decides to tax most (but not all) of the economic profits, arguing that the firms in the industry did not earn them-the profits were simply the result of an increase in demand. What effect, if any, will the tax have on market adjustment?
Benefits of Budgeting - Planning- planning offers an organization an advantage to identify possible problems and to develop a course of action to alleviate those problems.
Do the lists match? Are you spending time on what is truly important to you? Relationships take time, and if you want them to succeed in a personal or business context, you have to make them a priority.
A firm is employing 10 units of L and 5 units of K to produce 20 tables. L costs $1 per unit and K 0.5 per unit. For the quantities of inputs employed, MP . 2 and MP = 0.5. In this situation:
Many of these subsidies are scheduled to end in upcoming years. In what other ways might the PPACA be supported financially? Explain.
Describe As an engineer for a major defense systems company and he is responsible for using sophisticated airplane and weaponry equipment that creates the exact conditions that a professional may experience if he or she uses the equipment in a rea..
Suppose you buy a stock that paid an annual dividend this year of $5. The firm has Net Income of $1 million and a Common Book Value of $10 million. Also, the firm retains 70% of its net income. Finally, the risk free rate is equal to 4%, the retur..
control chart and standard deviationsbill kimes bowling ball factory makes bowling balls of adult size and weight only.
Describes the theory the researchers explore. What are the key constructs in the theory? How are they related? Identify which ones are cause, effect, mediating, or moderating constructs. How are the constructs operationalized?
How does the plan address issues of validity and reliability, or credibility, transferability, dependability, and confirmability. Is a change management process needed
approaches to contractingif you were entering into a contract with another party as the buyer explain the process you
Explain It is also important for managers to understand how to use power and politics in organizational operations.
Since it has identified the need for strategic change, illustrate what would be the organization's next step in this strategy-making process?
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