As a consultant, you are reviewing the financial documents of a firm. As is often the case, the data are limited. Specifically, in this case, you are only able to observe that the firm produced 10 units of output, and that the average cost of production equaled $20. You do know (from other sources) that the firm's fixed cost equals $100. You also know that producing 10 units minimizes the firm's average cost of production.
What the marginal cost was for the tenth unit of output that the firm produced?

Suppose that: 1. malaysia requires 1 hour of labor to produce 1 pound of rice and 2 hours of labor to produce 1 pencil; 2. indonesia requires 2 hours of labor to produce 1 pound of rice and 4 hours of labor to produce 1 pencil; 3. each country has 10,000 hours of labor to allocate between the production of rice and pencils; and 4. in autarky, malaysia consumes 5,000 pounds of rice and 2,500 pencils. which country has an absolute advantage in rice production? in pencil production? which country has a comparative advantage in rice production? in pencil production? will trade between the two countries be mutually beneficial?

Burberry is pursuing a focused differentiation strategy aimed at high-end luxury customers. however, the company is also employing a segmentation strategy to separate customers within that focus. the strategy offers items at an entry-level price point for customers who desire to be like celebrities such as sarah jessica parker as well as couture items for those richest and celebrity customers. what strategy is burberry pursuing?

If a business is in need of working capital, one option is to use a(n) that will buy the company's account receivables and then handle their collection for a fee.