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Acme computers produce 23,000 personal computers per year using its daytime shift. The fixed cost per year to produce computers is $2,000,000. The total labor costs are $9,109,000. Acme would like to increase their output to $49000 computers by adding a second shift. They estimate that the cost to add another shift will have a 25% higher labor cost than the day shift. Total fixed cost would only increase to $2,400,000. What is Acme’s per unit cost for the new shift?
Among the problems that hinder growth in developing economies are poor infrastructure, lack of financial institutions and a sound money supply, a low saving rate, poor capital base, and lack of foreign exchange. Explain how these problems are inte..
Suppose a freeze in Florida destroys part of the Florida orange crop. a. Explain what happens to the price of oranges and the marginal product of orange pickers as a result of the freeze.
Discuss the various uses of public budget. Describe the politics of administrative reforms. Describe how public budget could be political. How does administrative responsibility contribute to the attainment of public interest. Describe how ethical ch..
1. identify domestic and global environments countries that are in opposing cultural clusters as identified in
Imagine that you are the manager of a gas station and your goal is to maximize profits. According to your past experience, the elasticity of demand by Texans for a car wash is -4,
government regulation principal regulatory mechanisms please respond to the followinga. determine which of the major
question 1.a tax imposed on imports is called a tariff a quota a comparative advantage an excise taxquestion 2 this
Suppose that after depreciating the device for two years with SL method, the firm decides to switch to the double declining balance depreciation method for the remainder of the device's life (the remaining three years). What is the device's VB at ..
1. you are the manager in a market composed of five firms each of which has a 20 percent market share. in addition each
with the current u.s. economy in a weakened state many companies are reluctant to implement any capital improvements or
Determine Acme's total profit function. Assuming that Acme is effectively able to charge different prices in the two markets, what are the profit-maximizing price and output levels for the product in the two markets? What is Acme's total profit und..
Craft Unions Both industrial and craft unions attempt to raise their members' wages, but each goes about it differently. Explain the difference in approaches and describe the impact these differences have on excess quantity of labor supplied.
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