Business, 16.07.2020 22:01 jaretktm2449
If an important component of a firm's production is difficult to specify in a contract and even more difficult to enforce in its production standards, then it probable makes sense to:.
a) buy the component in the open market
b) use a simple short term contract
c) take the risk necessary to buy the component
d) vertically integrate upstream to build the component
Answers: 3
Business, 23.06.2019 07:40, hjamileth77
Given the production function q=96(k^0.3)(l^0.7), find the mpk and mpl functions. is mpk a function of k alone, or of both k and l? what about mpl?
Answers: 2
Business, 23.06.2019 21:20, dommalb
Suppose that the total revenue received by a company selling basketballs is $960 when the price is set at $60 per basketball and $960 when the price is set at $40 per basketball. without using the midpoint formula, identify whether demand is elastic, inelastic, or unit-elastic over this price range.
Answers: 3
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