What is the policy ‘remedy’ for each inflation: Demand-pull and
Cost-push
In: Economics
Explain the factors that affect the firm's total cost, and explain the behaviour of a typical firms costs in the short run and long run. In addition, what determines the behaviour of a typical firm's costs in the short run and long run.
In: Economics
A monopolist can produce at a constant average and marginal cost of ATC = MC = $5. It faces a market demand curve given by Q = 53 - P.
5. Suppose there are N firms in the industry, all with the same constant MC = $5. Find the Cournot equilibrium. How much will each firm produce, what will be the market price, and how much profit will each firm earn? Also show that as N becomes large, the market price approaches the price that would prevail under perfect competition. (Hint: your answers will be functions of N)
In: Economics
In: Operations Management
The government is considering building a major infrastructure project at a cost of €200m. The expected benefits of the project are €500m. (i) Based on the Kaldor-Hicks criteria should the government implement this project? Justify your answer. (ii) A project that satisfies the Kaldor-Hicks criteria is always guaranteed to increase aggregate welfare. True or false? Explain your answer using a numerical example. In your example use the cost and benefits of the project outlined above ( approx 160 words total)
In: Economics
Explain the factors that affect the firm's total cost, and explain the behaviour of a typical firms costs in the short run and long run. In addition, what determines the behaviour of a typical firm's costs in the short run and long run.
In: Economics
What are the effects on U.S economy if the Cost of Health care keeps rising?
In: Economics
|
Management are reluctant to approve health and safety training
as they fear it will cost |
In: Operations Management
38. According to the authors, some technologies are considered for outsourcing when there is a cost, quality, or other advantage
True
False
40. It is preferable to use Statistical Process Control instead of inspection whenever possible.
True
False
44. One of the downsides of using a single supplier is the potential for future price opportunism.
True
False
47. With Gantt charts precedence relations need to be kept in the scheduler’s head.
True
False
In: Operations Management
Mass Waste Disposal Inc. is considering the construction of a facility at a cost of $20 million. The project will produce positive cash flows of $7 million per year for the next 4 years but the 5th and final year will have a net negative cash flow of $5 million. If the reinvestment rate is 10% and the cost of capital is 9%, the MIRR of this project is ________ and the project should be ________. (accepted/rejected) Show all work and explain
In: Finance