In: Economics
In: Economics
In: Economics
In: Economics
In: Economics
How can manager’s best prepare themselves for the possibility of terror attacks and their resultant blows to confidence in the economy?
note :I want answer in details
In: Economics
With the aid of decided cases, discuss the scope and nature of Business Law.
In: Economics
List the functions of the top executive officials and the top elected boards and commissions in the Texas Government.
In: Economics
Briefly summarize the GAAP and IFRS systems
In: Economics
OU Country Club is estimated yearly demand schedule for each customer’s in the golf club is P = 100-2Q with a constant marginal cost of 20 per customer per play and a yearly fixed cost of $500,000. The marketing manager projected that there are 500 identical customers. They are going to use a two-part pricing strategy, where F is the country club membership and r is a usage charge per customer. (10 points)
a) What is the optimal F and r for each customer? What is their total profit?
In: Economics
Think of a business you may be interested in starting and take the time to address the following questions in detail (please include the question numbers below when you answer each question): 1. What kind of resources would you need to acquire to operate this business? 2. Which costs are implicit costs? 3. Which resources are fixed and which are variable? 4. Explain the difference between fixed and variable costs for this business. 5. Explain how this business could experience diminishing marginal returns in the short run. 6. Would this business experience economies of scale?
In: Economics
Which factor will NOT cause a change in demand?
A)an increase in the price of a complement in consumption
B) a decrease in income
C) a decrease in the price of the good itself
D)an increase in the number of consumers
Electricity is essential in the production of aluminum. If electricity prices increase:
A)the supply curve for aluminum shifts leftward.
B) the supply curve for aluminum shifts rightward.
C) aluminum becomes cheaper because it is a substitute good for electricity.
D) aluminum is turned into an inferior good.
The effect of a decrease in income on a normal good is to shift the:
A)supply curve to the left, increasing the equilibrium price and reducing equilibrium output.
B)supply curve to the right, reducing the equilibrium price and increasing equilibrium output.
C)demand curve to the left, reducing both equilibrium price and output.
D)demand curve to the right, increasing both equilibrium price and output.
Butter is a substitute for margarine in consumption. If the price ofmargarine drops, we would expect to see:
A)the price of butter rise and the quantity demanded of butter fall.
B) the price of butter fall and the quantity demanded of butter rise.
C) both the price of butter and the quantity demanded of butter rise.
D) both the price of butter and quantity demanded of butter fall.
If supply increases and at the same time demand decreases, equilibrium price:
A)decreases and equilibrium quantity is indeterminate.
B)increases and equilibrium quantity decreases.
C) is indeterminate and equilibrium quantity increases.
D) is indeterminate and equilibrium quantity decreases.
In: Economics
In: Economics
In: Economics
Explain with your an example:
a) ISO 9000
b) Six Sigma
c) Statistical Process Control (SPC):
i. X Bar Chart
ii. R Chart
In: Economics