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Question: Suppose that three volunteers are preparing cookies and cupcakes for a bake sale. Diana can make 27 cookies or 18 cupcakes per hour; Andy can make 25 cookies or 17 cupcakes; and Sam can make 10 cookies or 12 cupcakes.
a. Who has the absolute advantage at making cookies?
b. At making cupcakes?
For years, you were the owner/operator of a small gift shop in a remote rural area with no competition nearby. As such you were making above average profits.
Explain the sustainable approach to waste reduction developed by the company you selected. Evaluate other businesses that might benefit from the waste.
As a business owner making a final decision regarding the international aspects of a business decision, you may decide to set up a table with the risks and weigh their relative importance against the rate of return you foresee.
When calculating its CPI, Econville uses a market basket that includes 4 apples and 2 bananas. If Ellen, a resident of Econville, had her money in the bank earning an annual interest rate of 1.5%during that time, what was the real interest rate app..
Construct a graph showing supply and demand in the tablet case market, using Microsoft Excel. How are the laws of supply and demand illustrated in this graph
topic monopolistic competition. 1. consider the village of fanjeaux - a beautiful bucolic historic but remote village
Analyze the power the agency has in enforcing the regulations they are asked to uphold. Discuss two to three challenges to enforce the agency's regulations.
What market structure best characterizes the market in which universities compete? How does this structure influence the university's pricing strategy?
A consumer spends all her income of £120 on the two goods A and B. Good A costs £10 a unit and good B costs £15. What combination of A and B will she purchase.
Explain what would be the changes in the demand (curve) for this plastic bag substitute, assuming changes in the supply curve will remain constant
Using the draw tools in Word, show what happened to the demand for housing by drawing the demand for housing in 2005, 2006, and 2009. Explain what caused demand to change over this period.
A company offers ID theft protection using leads obtained from client banks. There are 4 employees that work 40 hours per week on leads at a pay rate.
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