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Question: Chapter 15: Pricing An engineer has discovered a way to improve the production of a microchip to reduce its marginal cost from $1 to $0.80. Should the firm reduce the selling price of the microchip by $0.20. Explain why or why not.
Microeconomics, Economics
Question: Discuss at least three pros and three cons of organizing as a general corporation and then suggest a couple of companies that would benefit from organizing as a corporation and why that would be a good choice f ...
Question: 1.Is it to an employee's advantage to enjoy the lower turnover rates that unionization seems to include? provide specific example 2. Why are union officials likely to oppose flexible work hours and other innova ...
Question: The data found in teh attached file below, contains information from the year-2000 Professional Golfers' Association tour. It includes the players' names, their average score, the average distance they drive th ...
Question: Discuss the following - What feature(s) of Medicare would cause an economist to say that "Medicare stinks as insurance"? Medicare supplement insurance is available from the commercial market and most commonly c ...
Question: A company bought a $65,000 construction equipment (5-year class). What is the MACRS depreciation for year 4? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow ...
Question: An equipment costs $800,000 and has a service-life of 10 years with a salvage value of $20,000. The equipment will bring a before tax income of $200,000 every year. Annual operations and maintenance will be $10 ...
Question: During 2002, the Federal funds rate remained more than 1% below the rate of inflation. When that happened in 1972 and 1975, the next two business cycle peaks ended in double-digit inflation, although admittedly ...
Question: During the 1990s, the age cohort that grew the most rapidly was the 45-54 cohort, which has the highest saving rate. Yet during that same period, the personal saving rate as reported by the BEA declined sharply ...
Question: In September 1999, Senator Edward Kennedy released a report saying the minimum wage should be raised to $15.28 per hour. The reason for such a big increase, according to Kennedy, was that no one should have to ...
Question: Autonomous Consumption = 2.25 trillion Auntonomous Investments = 1.3 trillion Government Purchases = 3.6 trillion Taxes = 3 trillion Additional cost of borrowing due to financial fricitons = 1 marginal propensi ...
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