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The internal rate of return on a project can be found A. by discounting all cash flows at the cost of capital B. by averaging all cash inflows, and calculating the interest rate which will make them e
Thomas Schelling, an expert on nuclear strategy and arms control, observed in his book The Strategy of Conflict (Cambridge, MA: Harvard University Press, 1960), "The power to constrain an adversary
If two firms are identical in all respects expect that one has more capital than another, the total product curve for the firm with more capital
What pricing strategy you suggest to the manager to maximize his profit assure that the marginal cost of renting any equipment in 5$.
Problem 1. Empirical studies often indicate that the long- run average cost curve for PC industry is J -shaped Problem 2. A profit- maximizing monopolist will always choose on output in the short ru
Analyze the decision and its expected outcomes. Incorporate the law of diminishing marginal productivity and the relationship between productivity and cost in your paper.
Q. Calculate, and label as point A on your graph, the value of average cost at the optimal output level. Q. Calculate the firm's profit per month and show it as a shaded area on your graph.
1) How much are Burton's explicit costs per month? How much are his implicit costs per month? 2) What is the dollar amount of the opportunity cost of the resources used by Burton each month?
Use the following data for a pure monopoly to calculate the firm's: (a) total revenue, marginal revenue, marginal costs, and average total cost; (b) its profit-maximizing output level and produce pr
Determine whether each of the three joint products should be sold as is, or processed further.
Your manager comes in with three sets of proposals for a new production process. Each process uses three inputs: land, labor, and capital. Under proposal A, the firm would be producing an output whe
In addition, you remember that the materials price variance was $820 favorable, and the total materials variance was $ 20 favorable. 1) Calculate the materials quantity variance.
Overhead is charged at 1.6 times direct labor cost. Finished units are sold for $31 each. What increase (or decrease) in productivity is associated with the process improvement?
Based on the theory above, please explain in detail why the average CEO earns a lot more than the average worker? Is this wage differentials a natural outcome of a market economy?
Problem: An oligopoly exists with two firms, A and B. The demand function for these oligopolists is Q = 1000 - 40P. 1. If firm A's cost function is TC=3000+7Q, what quantity (Qa) will it produce and
Together with the job reductions they planned, GM officials hoped to make the company's North American operations fully competitive with its U.S. and Japanese rivals with respect to total costs. Why
However, some large firms may suffer diseconomies of scale. Explain why some firms may suffer diseconomies of scale. Do you know any examples? Could GM be an example of diseconomies of scale?
The managers of the Laboratories are committed to developing and introducing this new drug within six years, and it is impossible to develop and introduce it in less than one year. What project dur
What do we mean by these different types of costs? How are they calculated? What would be an example of each?
Q. What is the variable cost of an output of 50? Q. What are Average Fixed Costs (AFC) at a production level of 10?
The total collection time will be reduced by three days if the lock box system is adopted. 1. What is the PV of adopting the system?
1. What is the average daily collection float? How do you interpret your answer? 2. What is the weighted average delay? use the results to calculate the average daily float.
How does a firm in an oligopoly market maximize profits in the short term and the long term? When answering these questions, include MC=MR where it applies.
A. When dose the law of diminishing returns take effect? B. Calculate the wage of the values for labor over which stage I, II, and III occurs.
Q1. Determine the price and output rate that will allow the firm to maximize profit or minimize losses. Q2. Determine (compute) the monopoly power of the firm.