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1 what is the best practices frontier how does this relate to competitive advantage2 explain why rent seeking
the cost function for a firm is given by tc 6000 125q the firm sells output in a perfectly competitive market and
depreciable residential rental real property has been purchased for 70000 and put into service during the third month
as a manager of a firm you find the marginal cost of the firm to be 10 and the fixed cost 100 for the range of prices
you are organizing a rock concert to benefit amnesty international the concert is to be held in a football stadium that
as the manager of a 60-unit hotel you know that all units are occupied when you charge 80 a day per unit each occupied
in a recent study it has been estimated that the own price elasticity of demand for a special type of us manufactured
as asset is purchased in september and is being depreciated over 7 years using macrs 200 declining balance depreciation
suppose the fed reduces the money supply by 5 percent a what happens to the aggregate demand curve b what happens to
you are the manager of copies are us the only other copy store in town the carbon copy recently got bids on adding a
zelda industries is the only firm of its kind in the world due largely to historical accident it began producing
a firm that makes car parts wants to adopt pay schemes that will best motivate its various workers to be productive and
suppose option a has a higher variance than option b which of the following statements is in general truea a risk
consider an auction with 1000 risk-neutral bidders it is know that these bidders have affiliated values based on this
pick a good or service and illustrate its market with supply and demand curves explain what each curve represents and
the market demand functions for corn is qd 15 ndash 2p and the supply function of corn is qs 5p ndash 25 suppose the
suppose the demand for baseballs is given by q 240 ndash 8pa what is the price elasticity of demand when p 6b at what
a friend borrows 500 agreeing to pay back the loan principal plus 75 interest one month later one year goes by and he
a can you name some well known firms that we have heard about recently going out of business what names come to mindb
a why do restaurants shut down at a certain hour of the day say 1000 pm why do movie theatres still show movies that
a firm encountering economies of scale over some range of output will have a falling long-run average cost curvenbsp
suppose the owner bears a monitoring cost of m which is subtracted from income so that the owners utility is u xbeta
consider the model of team production in which total incomearrow-10x10png is four times the total amount of effort