Business, 18.10.2020 15:01 cruzhazeL999
Why does a business often reach a point at which adding more resources does not increase productivity or profits at the same rate it used to? (diminishing returns, stages of production)
Answers: 3
Business, 23.06.2019 02:00
People-focused workplace (connect, perform) organizations are undergoing changes in response to more people-driven workforces. use your knowledge of bossless workplaces to identify each of he following characteristics as either a challenge or benefit to this new style of workplace. resource allocation decision making training costs
Answers: 2
Business, 23.06.2019 02:40
Suppose we are interested in bidding on a piece of land and we know one other bidder is interested. the seller announced that the highest bid in excess of $9,500 will be accepted. assume that the competitor's bid x is a random variable that is uniformly distributed between $9,500 and $15,500. suppose you bid $12,000. what is the probability that your bid will be accepted?
Answers: 2
Business, 23.06.2019 11:00
If quotas on sugar were eliminated in the united states, domestic production of sugar would fall. why is this a benefit in economic terms for the united states? i. resources are freed up that could be used more efficiently elsewhere. ii. it is beneficial because it allows foreign producers of sugar to earn income and thus those countries are better off. iii. u.s. consumers are able to enjoy increased consumer surplus because of the lower prices of imported sugar.
Answers: 1
Business, 23.06.2019 20:00
From 1960 to 1970, the consumer price index (cpi) increased from 29.6 to 48.2. if a dozen donuts cost $0.89 in 1960 and the price of donuts increased at the same rate as the cpi from 1960 to 1970, approximately how much did a dozen donuts cost in 1970?
Answers: 1
Why does a business often reach a point at which adding more resources does not increase productivit...
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