Oakwood University Managerial Economics W1 Technical and Application Questions


I’m examineing for my Occupation tabulate and don’t learn how to acceptance this. Can you succor me examine?

What are the differences betwixt the microeconomic and macroeconomic perspectives on the management?

In present occupation publications, meet examples of firms whose strategies to growth avail convergence principally on generating over produce. Compare these cases delay firms that are hard to cut costs to growth avail

The require flexion is abandoned by

QD=500−5PX+0.5I+10PY−2PZQD=500−5PX+0.5I+10PY−2PZ

where

QD=part requireed of amiable XPX=compensation of amiable XI=consumer allowance, in thousandsPY=compensation of amiable YPY=compensation of amiable ZQD=part requireed of amiable XPX=compensation of amiable XI=consumer allowance, in thousandsPY=compensation of amiable YPY=compensation of amiable Z

  1. Based on the require flexion aloft, is X a recognized or an supplemental amiable?
  2. Based on the require flexion aloft, what is the interconnection betwixt amiable X and amiable Y?
  3. Based on the require flexion aloft, what is the interconnection betwixt amiable X and amiable Z?
  4. What is the equation of the require flexion if consumer allowances are $30,000, the compensation of amiable Y is $10, and the compensation of amiable Z is $20?
  5. Graph the require flexion that you endow in (d), showing intercepts and swell.
  6. If the compensation of amiable X is $15, what is the part requireed? Show this top on your require flexion.
  7. Now conjecture the compensation of amiable Y rises to $15. Graph the new require flexion.

Consider the aftercited axioms.62

  • Easing thirst conditions in the Black Sea wheat belt are causing globe wheat genesis to restore.
  • China is consuming approximately a forbearance of the U.S. soybean fruit to plea?e its hogs and chickens that are requireed by its expanding average tabulate.
  • Farmers accept typically responded to eminent compensations by planting over plant.
  • The USDA predicts that U.S. farmers allure growth the plant used for the nation’s view largest fruits by 9.8 favorite acres, the biggest alter in 15 years.
  • Possible obliging war in cocoa-producing Ivory Coast growthd compensations to the eminentest levels in 32 years notwithstanding growthd genesis definite year.
  • Weather problems in elder wheat-producing countries such as Canada and Russia caused globe wheat genesis to droop 5.5 percent.