Explore BrainMass
Share

Explore BrainMass

    Technology

    Production Function Analysis

    The manager of a public utility supplying electricity to a significant portion of a geographic region presides over an electrical generation facilities that can produce electricity using either natural gas or oil, or some combination of both. Facing skyrocketing natural gas prices, and similar increases in oil prices, how can p

    External Costs with Fixed-Production Technology

    (See attached file for full problem description with diagram) --- 8. (External Costs with Fixed-Production Technology) Review the situation illustrated in Exhibit 1 in this chapter. If the government sets the price of electricity at the socially optimal level, why is the net gain equal to triangle abc, even though consumers

    Economics of internet

    One of the stumbling blocks of Voice over IP (VOIP) has been the implementation of a "911" service. The following story appeared on the newswires on Tuesday: AT&T Internet call service to require location Tue Oct 11, 2005 2:52 PM ET WASHINGTON, Oct 11 (Reuters) - AT&T Corp. <T.N> said on Tuesday it would suspend Internet

    A New Economy

    Beyond surfing on the web and exchanging emails, how has information technology helped create a New Economy?

    Strategic IT -- IT assest/project management

    [Like any asset IT is a resource to be managed. The resource has a cost and must deliver an adequate return/ROI. Projects must also be delivered on time and within reasonable budgets variances. Please develop a guideline that ensures: (1) IT spending and investment will be alighned with corporate objectives (2) The risk o

    Microecon

    Profit maximization and Competitive Supply List the conditions than need to hold for a long run competitive equilibrium. Problem 2 A number of stores offer film developing as a service to their costumers. Suppose that each store that offers this service has a cost function C(q)=50+0.5q+0.08q2 . (a) If the current rate for

    Microecon

    Problem 1 List the conditions than need to hold for a long run competitive equilibrium. Problem 2 A number of stores offer film developing as a service to their costumers. Suppose that each store that offers this service has a cost function C(q)=50+0.5q+0.08q2 . (a) If the current rate for developing a roll of film is $8.

    Petroleum in Nigeria

    What are the positive and negative effects of petroleum on Nigerian economy? Please be specific, with evidence and references.

    Discuss production function

    See attachment for full questions. Questions include: (a) What is a production function? (b) How does a short-run production function differ from a long-run production function? (c) Explain the term "Marginal Rate of technical Substitution". (d) Why are isoquants assumed to be downward sloping?

    Productivity and Costs

    Can you please give me an example of a company that has made a strategic decision based on productivity and costs. Can you also explain to me how to incorporate the law of diminishing marginal productivity and the relationship between productivity and cost in relation to the organization?

    Production Possibility Curve

    Using the company Bausch & Lomb (www.bausch.com), list at least four conditions that would change the Production Possibility Curve, and state, in reasonable detail, how the change(s) would affect the firms PPC.

    During the debate over NAFTA, opponents argue that given the relative size of the two economies, the income gains resulting from the agreement would be smaller for the US than for Mexico. Please comment on this argument in view of what you have learned about the distribution of the benefits of trade in the Classical Model.

    During the debate over NAFTA, opponents argue that given the relative size of the two economies, the income gains resulting from the agreement would be smaller for the US than for Mexico. Please comment on this argument in view of what you have learned about the distribution of the benefits of trade in the Classical Model. M

    Economics

    Case b) Technological Change and Government Subsidies LEAD STORY-DATELINE: Business Week April 16, 2001 We tend to think of the microprocessor king Intel Corporation as an independent private company. Sometimes though, we wonder if anything is purely private or purely public, for that matter. After all, private airline compa

    Firm size and competition

    Historically, product markets were dominated by large firms and service markets by small firms. This seems to have reversed itself somewhat in recent years. What factors might have been at work?