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Suppose in the short run a firm's production function is given by Q = L1/2*K1/2, and that K is fixed at K = 36. If the price of Labor, w = $12 per unit of Labor, what is the firm's Marginal Cost of production when the firm is producing 48 units of output?
Walmart is an American multinational retailing corporation that mainly operates a chain of hypermarkets, discount department stores and also grocery stores.
Mr. Jack Welch. One time Dell and Wal-mart tried to take over the prestigous status and got set back.
Discuss the various ways inflation can hinder economic activity. What are some strategies you might use in your life to deal with rising inflation? How might these strategies change if we experienced deflation?
There are two firms (a and b) that produce identical goods and set outputs simultaneously. Market output then is Q = Qa + Qb. The market clearing price is P = 13 - Q. The firms have identical costsC(Q) = Q. Find the Cournot equilibrium outputs. If in..
Smith likes cashews better than almonds and likes almond better than walnuts. He likes pecans equally as macadamia nuts and prefers macadamia nuts to almonds. Assuming his preferences are transitive, which doe he prefer:
Can a country have (true or false each of the below and explain): A current account surplus, a capital accounts surplus, and a fixed exchange rate - why or why not? A current account surplus, a capital account surplus, and a flexible exchange - why o..
What is the third world debt crises that was primarily attributed to the recycling of Petro dollars in 1970s and 1980s by International Banks in financing the development process of a several developing countries in Asia, Sub-Saharan Africa and Latin..
The firm increases its entire size until it makes 30,000 units a week. What would total cost be if the firm faces constant returns to scale?
Which would be better for stimulating the economy; a tax cut, or a spending increase? Why do you think as you do?
Suppose you win the lottery with a jackpot of $20 million. But that’s $20 million if you wait 20 years to get your payout. What is the value you could get today if the interest rate is 6%?
Please help me answer these questions? Does your current work, school, or organizational affilate managed by stockholder or stakeholde approach?
At a management luncheon, two managers were overheard arguing about the following statement: "A manager should never hire another worker if the new person causes diminishing returns." Is this statement correct? If so, why? If not, explain why not.
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