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Suppose government imposed a minimum wage above the equilibrium wage. a. assuming nothing else changes, what do you expect to happen to the resulting shortage of jobs as time progresses?
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Abigail spent $100 on a new edition of the personal finance textbook rather than $75 for a used copy. the additional cost for the new copy is called the
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What is an example of a good stock to buy in a recession? a) cyclical stock b) defensive stock c) income stock d) bond
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Electronics assembly inc. is a contract manufacturer that assembles consumer electronics for a number of companies. currently, the operations manager is assessing the capacity requirements as input into a bid for a job to assemble cell phones for a major global company. the company would assemble three models of cell phones in the same assembly cell. setup time between the phones is negligible. electronics assembly inc. operates two 8-hour shifts for 275 days per year. cell phone demand forecast (phones/year) processing time (minutes/phone) mars 47,000 19.8 saturn 35,000 20.7 neptune 7,500 16.2 a. calculate total capacity required by line. b. determine the total operating time available. c. calculate the total number of assembly cells. (round up your answer to the next whole number.)
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Suppose government imposed a minimum wage above the equilibrium wage. a. assuming nothing else chang...
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