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Economics: An Applications Approach (M.E. Sharpe, 2008) Appendix MC=MR 3Q2 – 30Q + 5 = 1760 – 120Q 3Q2 +90Q – 1755 = 00 Q = 13 is profit maximization point Total cost TC = 2197 – 2535 + 65 + 24000 TC = 23727 Total Revenue TR = 1760Q – 120 Q...
economic problems of Unemployment, Inflation, Poverty and other economic problems. In the market economy, individual enterprises and private businesses are responsible for most of the decisions while federal and state governments buy needed...
social class. The society seems to be structured and organized and one of the methods to study the society involves the differentiation in the society based upon the class system. This system is usually referred to as the economic inequalit...
buckled in heavy weather off the coast of Texas, spilling an estimated 5,000 barrels of fuel oil into Galveston Bay. To prevent the barge from breaking up further, the tow captain grounded it on nearby Bolivar Peninsula until the remaining...
essential thing for the existence of life. It is not possible to survive without water even then most of the countries all over the world are suffering from the water crisis. These are mainly the third world countries in which people do no...
international business expansion opportunities in Romania. Because of its strategic location, the company has managed to attract a lot of foreign direct investment. However, one of the major weakness of Romania as a country that has become ...
Nokia’s new manufacturer in Cluji are as follows: Nokia’s new manufacturer in Cluj is presumed to be a premier wireless telephone manufacturer in Romania which is a best motivator for any one to proceed for the job. Another cause for this i...