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The Samsung company, a well-known brand for cellphones and laptops, has a sales capacity of P1,000,000 per month. Its fixed cost are P350,000 per month, and the costs, over a considerable range of volume, are P1.50 per unit of sales. What is the break-even point volume?
Explain why there is an oversupply of two of the following specialties.
A set of earmuffs has an NRR of 30 dBA, and a set of plugs has an NRR of 20dBA. Workers in a car factory are exposed to 110 dBA for 8hrs. Workers wearing the muffs take them off for half an hour each day while working due to discomfort whereas plug w..
1. Less-developed nations sometimes argue that the industrialized nations' tariff structures discourage the less-developed nations from undergoing industrialization. How? Distinguish between consumer surplus and producer surplus. How do these concept..
Game theory question Consider the following tennis game: receiver backhand forehand
What is the equivalent rate with (a) continuous compounding and (b) semi annual compounding?
In regards to global climate and change what are the economic benefits and costs of the Kyoto Protocol?
Define and give examples of three intensive strategies.
a. What are John's accounting profits as a toilet producer? (Show work) b. What are John's economic profits as a toilet producer? (Show work)
A decade ago Mirk Labs incurred $60 million in research and development coss for Zatab. Current production costs for Zatab are constant and equal to %5 per unit what whole sale price will Mirk Labs set.
Suppose that you observe that equilibrium price falls and equilibrium quantity rises in the market for laptops. Which curve (supply or demand) has shifted and in which direction to create this outcome? Based on this scenario, come up with a unique ex..
Measures of elasticity enhance our ability to study the magnitudes of changes in quantities in response to changes in prices (or income). This is especially important for policy, where the effectiveness of a tax depends, in part, on the elasticity of..
Donna buys goods X and Y. She can just afford the bundle X=6 and Y=11. She can also afford X=12 and Y=8.Each of these bundles exhausts her income. Draw Donna's budget line. What is the ratio of the price of x to the price of y? If Amy spent her entir..
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