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Question: PHK operates in B-land where the currency is the B$. PHK sells snacks from a roadside store. The snacks cost PHK B$3 and are sold for B$5 each. Any unsold snacks are thrown away at the end of the day. PHK has predicted the following demand for the snacks: What number of snacks should PHK buy each day to maximise expected contribution?
Smoking creates negative consumption externality as the social cost of smoking is much higher than its private cost. Prop 86 of the Nov 7, 2006 election proposes to impose an additional tax of $2.60 per pack of cigarette. Does this tax increase the s..
According to the National Association of Colleges and Employers (NACE), the average starting salary for a college graduate from the Class of 2013 is $45,327 per year.
How do you propose to enact these standards when you are an administrator? What is the regulation or statute for? Who does the act protect? What are the consequences for violating it? Why are laws like this good for protection? How do you propose..
If inflation in the economy is 2%, what is the present worth in Year-1 dollars of the savings over the next 5 years? 10 years? The interest rate is 10%
How much does the economy have to grow (potential output is, 3.5% and the unemployment rate is 7.3%) in 2014 to bring the unemployment rate down to 5%? How much does it have to grow each year to bring the unemployment rate down to 5% by 2017.
A student wants to have $30,000 at graduation 4 years from now to buy a new car. His grandfather gave him $10,000 as a high school graduation present.
cool-aire corporation manufactures a line of room air conditioners. its breakeven sales level is 33000 units. sales are
Which of the following is not among the functions of contract? When manufacturers and distributors establish credible commitments to one another, they often employ?
From your own holdings of cash on a particular day. Can you identify the proportion held for precautionary purposing?
BUS270 Business Ethics And Leadership- Identify the stakeholders for restaurant. What ethical obligations would restaurant management have to these stakeholders
Suppose we are looking at an economy that produces only toys. In 2009 the country's toy factories produced 5 million toys, which it sold on the international.
Has there been an increase or decrease in demand? Factors that could shift the demand curve include changes in preferences , changes in income, changes in the price of substitutes or complements, or changes in the number of consumers in the market..
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