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You have been appointed "Global Manager" of a firm that has two plants, one in the United States and one in Mexico. Assume you cannot change the size of the plants or the amount of capital equipment. The wage in Mexico is $5. The wage in the U.S. is $20. Given current employment, the marginal product of the last worker in Mexico is 100, and the marginal product of the last worker in the U.S. is 500.
Evaluating new vehicle technologies to reduce costs is important for companies like UPS also other companies involved in parcel delivery services.
the number of hours per week supplied to a particular market by three individuals at various wage rates. Compute the total hours per week supplied to the market.
The article utilize this kind of calculation to show the difference among labor productivity growth.
Which of the following taxes contributed the greatest percentage of total federal government tax revenues in recent years.
The largest loan that the bank can make on the basis of the new deposit. If the bank chooses to hold reserves of $3,000 on the new deposit, what are the excess reserves on the deposit.
Explain how the indifference curve and budget line apparatus are used to derive a consumer's demand curve.
Your firm is considering the purchase of an old office building with an estimated remaining service life of 25 years.
Roma was a schoolteacher and earned $40,000. But she enjoys creating cartoons, so at the beginning of 2003, Roma quit teaching.
You are manager of BlackSpot Computers, which competed directly with Condensed Computers to sell high-powered computers to businesses. Explain how will impact BlackSpot bottom line.
What happens to the money supply, interest rates, investment spending and GDP. Describe the impact of rational self-interest on each.
Explain how much profit will the perfectly competitive firms earn. Explain how much profit will the monopoly firm earn.
Is there a formula or vice versa a 50% markup on cost is equivalent to a markup on price of what. An answer of 50% for both just seems too easy.
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