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A company has $7.90 per unit in variable costs and $3.80 per unit in fixed costs at a volume of 50,000 units. If the company marks up total cost by 0.42, what price should be charged if 56,000 units are expected to be sold?
What are the different types of sanctions that can be imposed on a psychologist? Provide a real life example for each sanction.
Analysis of Pricing: You manage MBA Deli which sells meals at a price of $6 each. The average number of meals sold per month is 7,000. MBA Deli would like to increase its sales and profits. The MBAs running the Deli, know that if price is lowered, th..
Assume that the income changed from Y= 10 to Y= 7. What are the equilibrium price and quantity now
Who benefits from a tariff or quota? Who loses? Why would domestic markets benefit from protectionist trade policies? How do protectionist trade policies affect a government's wealth and fiscal policy?
Can you reject the null hypothesis that income does not affect quantity demanded? What proportion of total variation in Q is explained by the regression equation?
In the following situations, explain what is counted in this year's GDP:
You decide to start a business that provides computer consulting advice for students in ur residence hall. what would be an example of an implicit cost you would incur in operating this business ?
Suppose that demand for a product is Q=140-6P and supply is Q=2P-20. Furthermore, suppose that the marginal external damage of consuming this product is $4 per unit. Does it result in under consumption? Or over consumption? How many more or less unit..
Explain how does global economic competition impact the domestic market and decisions related to the strategy a firm uses to compete.
Greg Mankiw wrote in 2007 on the eve of the global financial crisis, "Congress made its most important contribution to taming the business cycle back in 1913, when it created the federal reserve system. Today, the Fed remains the first line of defens..
The monetary base increased by 20% during the contraction of 1929-1933, but the money supply fell by 25%. Explain why this occurred. How can the money supply fall when the base increases?
Describe what the technology does including the capabilities of the technology.
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