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Problem
A hair salon offers three services: haircuts, color treatment, and styling. The salon charges $40 for a cut, $65 for color, and $30 for styling. Last month, the salon sold 68 haircuts, 34 color treatments, and 22 styling sessions. If the salon's costs for the month totaled $2,843, what was its profit?
Why do you think your policy would work in reducing the total amount of emissions and explain the costs and the benefits of the policy that you choose.
Draw the graph containing the ATC, AVC, MC, MR for a purely competitive firm operating in the long run (ie. Operating at 0 economic profits). Be sure to label everything including the profit maximizing level of output.
Profit maximization is theoretically the most sound but practically unattainable objective of business firms. In the light of this statement critically appraise the Baumol’s sales revenue maximization theory as an alternative objective of the firm.
Given the following primal problem, where E is a symmetric positive semidefinite matrix, derive the dual problem.
If you have diversified into other markets, such as an alternative investment market, what is your rationale for selection of these particular investments?
A local video store estimates that their average customer's demand per year is P = 3.5 - .05Q (all customers are identical), and knows that the marginal cost of each rental is $0.5. How much should the store charge for an annual membership (M) and ho..
briefly contrast the neo-classical theory of growth with cumulative causation theory by describing what each would
Investment and the corporate income tax : Suppose the user cost of capital in an economy with no corporate income tax is 10 percent.
Discuss the organizational and behavioral difficulties, if any, inherent in this situation. As the U.S. division controller, what would you advise the Samtech.
The cost is $200,000, the annual maintenance contract costs $5000, and the useful life (technologically) is 5 years.What is the alternative if this equipment is not selected? What other information is necessary to perform an economic evaluation of t..
Which are the assumptions behind the Cournot model?
What control mechanisms at your organization
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