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You are the buyer for your university bookstore. One of the textbooks has a cost to you of $ 100 and you sell it to students for $140. Any copies of the book that you order and do not sell to students can be returned to the publisher for an average $ 80 credit. (Sometimes you can get full credit, but sometimes a new edition is published so you get no credit.) In one particular course, demand has averaged 400 books each semester, with a standard deviation of 40. What is your target service level? What is your target order quantity for the course?
Economically, is it better to be a Jack or Jill of all trades or to specialize in production according to one’s comparative advantage and trade internationally? Provide an example of a business efficiently using this economic principle.
At arraignment, Slick Martin is first becoming aware of the fact that the grand jury has indicted him for robbery. The charges are read to him. Next, the judge considers counsel for Martin. What are the judges choices on providing Martin counsel?
A surface mount PCB placement/soldering line is to be installed for $1.6 million. It will have a salvage value of $100,000 after 5 years. Determine the depreciation deduction and the resulting unrecovered investment (adjusted basis) during each year ..
An economy-wide increase in productivity caused by improved technology would most likely:
the city government is considering two tax proposals- a lump-sum tax of 300 on each producer of hamburgers.- a tax 1
The price of good A is Eur 20,the quantity demanded is 500 units at yhis price,and price elasticity of demand is Ep=1,8,then a reduction in price of the good by eur 5 would increase the total revenue of seller by
How do you suppose that a thematic study of literature, music, and art might enable a person to become a well rounded and well educated leader in his/her own realm of influence and help him/her to relate to his/her public and private life?
Explain why is the usa called a democratic federal republic and how is our organization of government different than the canadian, israeli, japanese or french democracies.
How may you apply what you learned about supply and demand from the simulation to your workplace or your understanding of a real-world product with which you are familiar?
Choose whether to hire a new person in the marketing department or upgrade your computer system.
Calculate point price elasticities of demand for each customer product at activity levels identified in part A.
Assume which, in the efficiency wage model, it becomes more difficult for the ?rm to distinguish high-ability workers from low-ability workers in the labor market.
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