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1. Create/choose a project that was/would be completed in a logistics/trucking company. Discuss each of the elements of a project plan (Integration, Scope, Time, Cost, Quality, Human Resources, Communication, Risk and Procurement). In your discussion, focus on how well each element was used. What was done well and what was not done well in each area? What were the consequences in each case? What would you differently do the next project?
The problem has been visualized that labor has been required for getting the work completed in almost all the areas where blue colored is employed.
1. What explanations can you give for the increase in both unemployment and inflation in the 1970s?
Define a normal profit and an economic profit. Are normal profits being earned in this example? Are economic profits present for this firm in this example?
Choose one thing GDP does not measure and explain A) Why it does not, B) The significance of what is not measured.
The question requires complete understanding of interactions between production and profit maximization.
What are the average product of labor (L) and the average product of machines (K ) when the input mix is the one given above? Clearly and concisely, please explain how you would interpret these numbers.
Writers' Pleasure, manufactures gold plated pen and pencil sets. It has a fixed yearly cost of $50,000, and average variable cost is $20. It expects to sell 5,000 sets next year.
Illustrate the impact of an increase in Υ on the solution to this pair of equations - The relationship between inputs and outputs.
Should all developing countries aim over the long term to become exporters of manufactured products?
This causes some loss in utility. What is the equilibrium of this game? Do you think the two drivers will necessarily produce an equilibrium outcome?
Imagine for a moment that you're the general manager of a local, upscale grocery store that is part of a national chain. You've just gotten word from corporate headquarters that all stores must install at least two self-checkout machines.
TAlchem (L) is the price leader in the polyglue market. All 10 othe manufacturers (followers) (F) firms sell polyglue at the same price as Alchem
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