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1) What are some practical limits to economies of scale? What is capacity balance? Why is it hard to achieve? What methods are used to deal with capacity imbalances? Why would a business maintain a capacity cushion?
2) Is it possible to achieve zero inventories? Why or why not? Why does JIT manufacturing require a stable schedule? What are some technological advances that support the goals of JIT? Will JIT work in service environments? Why or why not?
Walt Disney World Theme Parks offer visitors a wide variety of ticket options. The one thing these ticket options have in common is that they entail a fixed entrance fee and allow customers to take as many rides as they want at no additional charg..
When the price of broadband access capacity increases by 10%, commercial customers buy about 3.8% less capacity. What is the elasticity of demand for broadband access? Is demand at the current price elastic or inelastic?
About thirty United States localities circulate their own currency with names like "Ithaca Hours" and Dillo Hours." Doing so is perfectly legal although through law they are subject to a 10% federal tax, which currently the government is not collecti..
the marginal product of any input in the production process is the increase in the quantity of output produced from
Which of the following are characteristics of both depository banks and shadow banks? Check all that apply.
Describe the relationship between unemployment and real and nominal wages. Which is more important and why What effects would either an increase or decrease in unemployment have on wages
The problem belongs to Economics and it discusses the consultant's views on increasing the fare of bus transportation.
question 1 suppose that a frost in florida reduces the size of the orange crop which causes the supply curve for
Before the merger, each of the separate newspapers was losing about $10 million per year. What forecast would you make for the merged firms' profits? Explain.
What does the Laffer curve represent?
The problem belongs to Economics, mainly to Micro-economics and it explain, if bus fares from Abu Dhabi to Dubai increase, what will happen to the revenue of RTA. This has been explained in the answer.
3. Suppose an individual's utility function over income (M) and leisure (L) is U(M,L)·L, and the individual has non-labor income Y and earns wage w. The total amount of time available is 16 hours.a. What is the equation for the budget constraint? G..
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