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A manufacturing company leases a machine for $31,000 per year. Each unit produced costs $36 in labor and $65 in materials. To break even, 21,000 units must be sold. What is the price of the product?
Draw the PPFs for A and B when they work for 4 hours. What if the OC of shirt for A? What is the OC of shirt for B? What is the OC of cake for B? Who will export shirts? Why?
As an industry moves from being a monopoly to a monopolistically competitive one. Illustrate what happens to elasticity of demand curve facing industry.
q.assume that two firms compete in quantities cournot in a market in which demand is described by p 260 - 2q. every
Has consumer surplus been affected in any way due to the changes in the auto structure of industry
Identify opportunity cost of increase divestment. What will happen to future production possibilities if investment increases.
Your task is to use information about existing economic conditions to forecast U.S. and Canadian interest rates. The following information is available to you. Over the past six months, U.S. interest rate have declined, and Canadian interest rate hav..
From the e-Activity, assess how business leaders use managerial economics to make business decisions indicating how profits may be impacted.
Is it possible to trade foreign exchanges in the future markets? How does such trading differ from the forward market?
Suppose you consume nothing but goods X and Y. We have two years.
Agricultural markets are often cited as exhibiting the characteristics of the perfect competition market structure. Does farming fit this model?
Elucidate how do the GDP per capitals change after accounting for price indices.
Your client is about to establish his own business and hire at least 10 employees. They ask you for advice concerning establishing a qualified vs. a non-qualified retirement plan. What do you advise your client?
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