Business, 30.10.2019 06:31 skater2699
63. the manager of the capitol restaurant noted that the restaurant had experienced a decreased number of evening customers. the manager promptly ordered the chef to rewrite the evening menu. customer feedback later indicated that the problem had not been the menu but poor service from the wait staff. the managerās decision to have the menu revised suggest that he failed to:
Answers: 3
Business, 22.06.2019 07:30
Suppose a firm faces a fixed price of output, ķķ= 1200. the firm hires workers from a union at a daily wage, ķ¤ķ¤, to produce output according to the production function ķķ= 2ķøķø12. there are 225 workers in the union. any union worker who does not work for this firm is guaranteed to find nonunion employment at a wage of $96 per day. a.what is the firmās labor demand function? b.if the firm is allowed to choose ķ¤ķ¤, but then the union decides how many workers to provide (up to 225) at that wage, what wage will the firm set? how many workers will the union provide? what is the firmās output and profit? what is the total income of the 225 union workers? c.now suppose that the union sets the wage, but the firm decides how many workers to hire at that wage (up to 225). what wage will the union set to maximize the total income of all 225 workers? how many workers will the firm hire? what is the firmās output and profit? what is the total income of the 225 union workers? [hint: to maximize total income of union, take the first order condition with respect to w and set equal to 0.]
Answers: 3
Business, 22.06.2019 13:30
If the economy were in the contracting phase of the business cycle, how might that affect your ability to find work?
Answers: 2
Business, 22.06.2019 19:50
The common stock and debt of northern sludge are valued at $65 million and $35 million, respectively. investors currently require a return of 15.9% on the common stock and a return of 7.8% on the debt. if northern sludge issues an additional $14 million of common stock and uses this money to retire debt, what happens to the expected return on the stock? assume that the change in capital structure does not affect the interest rate on northernās debt and that there are no taxes.
Answers: 2
63. the manager of the capitol restaurant noted that the restaurant had experienced a decreased numb...
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