Explain what can we conclude from the information
A company is forming the15, 000 units. At this output level, the marginal cost is $18 and the marginal revenue is $22. The firm sells each unit for $48 and average total cost is $40. Explain what can we conclude from this information?
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Is the increasing resistance of employers to unionization a new phenomenon or simply a return to the historic relationship that has existed among managements and unions in the United States?
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Discuss how can government spending have a multiplied effect on the economy? Have you (or anyone you know) ever been affected by the government's "automatic stabilizers"? Provide a concrete example.
A company developed new shampoo to reduce dandruff. Six persons tried that shampoo. Suppose that the probability that a person gets some relief is 0.60.
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A bag of 27 tulip bulbs contains 12 red tulip bulbs, 8 yellow tulip bulbs, and 7 purple tulip bulbs. Determine the probability that two randomly selected tulip bulbs are both red?
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