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Question: 1. Why do we say there is no unemployment in our standard frictionless model? And why do we HAVE unemployment in a labor market with frictions?
2. Why do frictions on the employer side cause firms to bear training costs (instead of simply looking for qualified workers on the market)?
Suppose Janet sells papayas at a perfectly competitive market in Thailand. While her average total cost (ATC) reaches a minimum level of $3.
The Heritage Cable Network received commitments to carry the network's programming from 35 cable operators the first year of operation and 90 commitments.
During field calculation it is known that the calculated number pf trips is actually 128. What is the value of the adjustment factor?
consider a supplier of agricultural equipment who is deciding how much of two products should be produced by his firm.
When deciding whether or not to outsource offshore, list the key factors aside from maximizing profits that managers should consider. Determine the key factors that you believe to be the most influential.
Explain which factors would cause the IS curve to be steeper, and which would cause it to be flatter. When is the IS curve more likely to be steep.
The problem belongs to Economics and it is explain about writing a short summary for the article. The article is Optimal pricing strategies under co-existence of price-takers and bargainers in a supply chain by C-W Kuo, R-S Guo and Y-F Wu (2012).
How to show that perfect substitutes and Cobb-Douglas preferences are homothetic preferences. In REAL examples?
Elasticity of demand is a measure of the responsiveness of to changes in price. Over time the elasticity of supply for a particular good or service tends to become A tax on a service that has a relatively elastic demand and a relatively inelastic s..
Every corporation has a culture. This culture is influenced by individual and groups of different moral suasions. Research Kholberg's Stages of Moral Development
Dominos and Pizza Hut hold 66 percent of the delivered-pizza market. Should antitrust action be taken?
Suppose that the marginal cost for a certain product is given by (MC)? = 1.02(x + 200)0.02 and marginal revenue is given by (MR)? = (2/v(4x + 1)) + 1.75.
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