Business, 06.07.2021 19:30 jaffeisabel
How does a change in the price of one input change the firm's long-run expansion path? If the price of an input changes, then the A. slope of the isocost lines will change, and the firm will substitute , pivoting the expansion path toward the axis of the relatively more expensive input. B. slope of the isoquants will change, and the firm will substitute , pivoting the expansion path toward the axis of the relatively input. C. isoquants will shift in a parallel fashion, and the firm will substitute , pivoting the expansion path toward the axis of the relatively input. D. slope of the isocost lines will change, and the firm will substitute , pivoting the expansion path toward the axis of the relatively cheaper input. E. isocost lines will shift in a parallel fashion, and the firm will substitute away from both inputs, shifting the expansion path in a parallel fashion.
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Business, 21.06.2019 16:30
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Business, 22.06.2019 19:40
Chang corp. has $375,000 of assets, and it uses only common equity capital (zero debt). its sales for the last year were $595,000, and its net income was $25,000. stockholders recently voted in a new management team that has promised to lower costs and get the return on equity up to 15.0%. what profit margin would the firm need in order to achieve the 15% roe, holding everything else constant? a. 9.45%b. 9.93%c. 10.42%d. 10.94%e. 11.49%
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Business, 22.06.2019 20:50
How has apple been able to sustain its competitive advantage in the smartphone industry? a. by reducing its network effects b. by targeting its new products and services toward laggards c. by driving the price for the end user to zero d. by regularly introducing incremental improvements in its products
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Business, 22.06.2019 23:40
Robert is a district manager who oversees several store managers in a national chain of restaurants. robert reports directly to the vice president of stores and marketing, a member of top management. robert is a middle manager.t/f
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How does a change in the price of one input change the firm's long-run expansion path? If the pric...
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