Business, 05.12.2019 22:31, netflixacc0107
Distinguish between accounting profit, economic profit, and normal profit. does accounting profit or economic profit determine how entrepreneurs allocate resources between different business ventures?
Answers: 3
Business, 22.06.2019 01:40, NeverEndingCycle
Suppose general motors demands labor according to the labor demand function ν€ν€= 40β0. 5νΈνΈ, where ν€ν€ is the hourly wage and νΈνΈ is the number of employees. the united auto workers union has a utility function given by νν=ννβνΈνΈ. a. in 1984, the united auto workers union started negotiations with general motors by assuming that they were a monopoly union. find the wage and employment demands that the united auto workers union would have demanded before any bargaining began. b. if general motors and the united auto workers union both had excellent bargaining representatives, would this be the final labor contract? if not, then explain in words and graphically where they would end up after the bargaining process.
Answers: 1
Business, 22.06.2019 05:50, salvadorperez26
Match the steps for conducting an informational interview with the tasks in each step.
Answers: 1
Business, 22.06.2019 11:50, chas8495
True or flase? a. new technological developments can us adapt to depleting sources of natural resources. b. research and development funds from the government to private industry never pay off for the country as a whole; they only increase the profits of rich corporations. c. in order for fledgling industries in poor nations to thrive, they must receive protection from foreign trade. d. countries with few natural resources will always be poor. e. as long as real gdp (gross domestic product) grows at a slower rate than the population, per capita real gdp increases.
Answers: 2
Business, 22.06.2019 22:30, chad65
Which of the following situations is most likely to change a buyer's market into a seller's market? a. a natural disaster that drives away a lot of the population. b. the price of building materials suddenly going up. c. the government buys up a lot of houses to build a new freeway. d. a factory laying off a lot of workers in the area.
Answers: 1
Distinguish between accounting profit, economic profit, and normal profit. does accounting profit or...
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