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Question - In no less than 150 words What is the budget constraint and how does it play a role in decision making? An example where possible.
Microeconomics, Economics
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Question: One consequence of increases in business litigation over the past 20 years has been an increase in the percentage of lawyers who work as employees of firms rather than as independent practitioners. Explain why ...
Question: What change agent skills are necessary for helping a dysfunctional group become more effective? What if problems exist between managers? What happens if they refuse the help of the change agent? Do you believe ...
Suppose that in a week the price of milk decreases from $3.50 to $3.00 per carton. At the same time, the quantity of milk demanded at a typical grocery store increases from 10,000 to 12,000 cartons per month. What is the ...
Question: What are the advantages and disadvantages of consumer interviews and market experiments? Please state sources. The response must be typed, single spaced, must be in times new roman font (size 12) and must follo ...
Question: A small-volume foreign auto maker limits the number of its franchised dealers in the United States and gives them exclusive territories. There are also non-dealers who have no official connection with the manuf ...
Question - Lolita, an intelligent and charming Holstein cow, consumes only two goods, cow feed (made of ground corn and oats) and hay. Her preferences are represented by the utility function U(x, y) = x - x2/2+y, where x ...
Question: During a particular year a corporation has 12.1 million in revenue, 2.2 million of operating expenses, and depreciation expenses of 4.1 million. Using the corporate federal tax rates provided, what is the appro ...
Suppose that a worker in Freedom can produce either 6 units of corn or 2 units of wheat per year, and a worker in Liberty can produce either 2 units of corn or 6 units of wheat per year. Each nation has 10 workers. For m ...
Question: If you were told the nominal exchange rate between Brazilian real and the US dollar is 1 real to 0.39 dollars, find the real exchange rate if you know the market basked of goods in the US is $95 and for the sam ...
Question: An electric generator was purchased for $15,000. Use the sum-of-years digits (SOYD) depreciation accounting method with a $2,000 salvage value and a 10-year depreciation life. Develop a depreciation schedule fo ...
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