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A perfectly competitive firm produces 1,000 units of a good at a total cost of $36,000. The price of each good is $50. What is the firm's short run profit or loss?
a) "Your average fixed costs should stay constant even if your output increases." b) "To reduce my variable costs I must let go of one of my managers with whom I signed a contract for two years." c) "To calculate my total costs, I only have ..
Provide 3 advantages and 3 disadvantages of using SIEM systems for security in business environments. Do you consider SIEM systems sufficient for information assurance? Explain why or why not.
You have been Employed through a private consortium of South African orange growers to predict the impact on the price and output of oranges under the following situation.
Write a function whose input is a positive integer n, and whose output is the nth prime number. Then, write a script that calls this function to output the sum of the first n prime numbers and the product of the first n prime numbers.
people are not very responsive to the price changes of this product and the absolute change in quantity demanded is less than the absolute change in price. people are not very responsive to the price changes of this product and the magnitude of th..
The largo Publishing House uses 400 printers and 200 printing presses to produce books. A printer's wage is $20 and the price of a printing press is $5000.00. If not, how should the manager of Largo Publishing house adjust input usage?
Summarize the view of American critics of global firms that import products purchased from developing country factories that have bad working conditions and pay very low wages. Also, summarize Dr. Krugman's rebuttals.
was the challenge that a retired professor of economis was known to have used in his upper division american economic historic course to ascertain what his students remembered fron introductory macroeconomics about the creation of money.
What is the impact of trump and Obama's economic policies on the business opportunities for US based global firms, such as Apple, IBM etc?
Assume the effects on salaries and employment of such agreements. Also, indicate some of the reasons why they may be difficult to enforce.
What do you think will be the basic problem of financing Social Security in the next 25 to 30 years?
(i) What is nominal GDP in 2015? (ii) What is nominal GDP in 2016? (iii) What is real GDP in 2015, using 2016 as the base year? (iv) What has been the percentage change in nominal GDP between 2015 and 2016?
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