Micro Economics Shut Down Decision The October, 2000 announcement that Nortel Networks would enter the customer relationship management (CRM) application market by acquiring Clarify for more than $2 billion in stock stunned the majority of people. T Continue Reading...
Microeconomics The concept of marginal utility reflects the additional utility that a buyer receives for an additional unit of a good. In this example, Amy is spending an extra dollar if she buys either a bracelet or a soda. If she has an extra doll Continue Reading...
Production and Market Competition Microeconomics Module 3 - Case Production, Costs, Profits Cost Profit in assignment, review reference material: Rittenberg Libby T. Tregarthen. (2009). Chapter 8: Production Costs. Sections 1-4 Principles Microecono Continue Reading...
Microecon Financing in the Manufacturing Sector 50,000 workers = 200,000 units Avg. wage = $80/day Output price = $25/unit Other variable costs = $400,000 Total Variable Costs = 50,000 x $80 + $400,000 = $4,400,000 Average Variable Costs = $4, Continue Reading...
Production, Costs, And Profits Business is booming at a local fast food restaurant. It is contemplating adding a new grill and French fry machine, but the day supervisor suggests simply adding more workers. How should the manager decide which altern Continue Reading...
Behavioral Finance and Analysis of American Financial Crisis Financial theories are the cornerstone of the modern corporate world. They lay the foundation for most tools used in areas like asset pricing and investment banking. Most theoretical conce Continue Reading...
Capitalism is predicated on the principles of "Creative Destruction" where the loss of one item or industry, leads to the creation of another more beneficial product or industry. This principle has both destroyed and given rise to numerous industries Continue Reading...
Capitalism is predicated on the principles of "Creative Destruction" where the loss of one item or industry, leads to the creation of another more beneficial product or industry. This principle has both destroyed and given rise to numerous industries Continue Reading...
