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A wholesaling business purchases an item from a manufacturer at a cost of $50 per unit. On average, the business sells 12,500 units of this item each year to retailers. It costs the wholesaler $22 per order to process a purchase transaction and receive its shipment. The annual inventory carrying cost per unit for the item is 40% of its purchase cost per unit per year.
Suppose a profit maximizing automobile manufacturer produces its output in two plants, one in the U.S. and the other in Canada. The total costs of producing in the two plants are identical, except that the output produced in the U.S. is subject to a ..
Consider the effect of trade liberalization on agricultural markets. Discuss the challenges experienced by the Saudi Arabian agriculture industry.
Suppose that GDP is $18,520, taxes are $1,927, consumption is $4,856, transfers are $95, and government spending is $2,562. What are private savings?
Suppose the bank of Canada wanted to increase the supply of money. How could it use monetary policy achieve the goal? The money demand curve is shown in a graph with interest rate on short term assets on the vertical axis. Why use short-term interest..
Assume that the Fiji Government seeks your advice on the formulation of a regional small business development plan for the Northern Division of Fiji.
Why is a "buy one get one free deal" an example of price discrimination while an ice cream parlor charging a higher price for ice cream than sherbert not an example of price discrimination
Explain how simultaneous shifts in demand and supply curves could explain this situation: A pest attack on the tomato crop increases the cost of producing ketchup. A mild winter causes cattle herds to be unusually large, causing the price of hamburge..
Calculate the net present value of each of the 2 projects. Which would be preferred according to the net present value criterion?
-Discuss remedies-such as tax incentives, public-private partnerships, or nonprofit ventures-that could bring real progress on this issue.
The company is willing to acept any project that will earn 10% per year or more on all the investment capital. Compute the annuity that will make
The influence of socio-economic status, particularly on health, is assumed to begin in the family environments and continue through life.
Some argue that the government doesn't need affirmative action programs or other anti-discrimination policies because the profit motive provides sufficient motivation to eliminate discrimination in employment. Explain why this might NOT happen i.e. w..
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