Supose the tolal output of a factory changes from 200 to300 units. when the variablle input. changes from 10 to 20 unitse. correspondingly, total variable cost changes from birr 2000to birr 3000, and the fixed cost equals birr 500. determin,
A. the marginal cost of the producing the extra unit
B. the average cost of prodaction at the initial level
C. the marigal prodact of the variable input (labor)...

Diener and wallbom (1976) found that when research participants were instructed to stop working on a problem after a bell sounded, 71 percent continued working when left alone. how many continued to work after the bell if they were made self-aware by working in front of a mirror?

Gary becker's controversial the economics of discrimination concludes that price discrimination has no effect on final profits. price discrimination benefits monopolies. labor discrimination in hiring results in more efficient allocations of production. discrimination in hiring practices has no effect on final profits. labor discrimination harms firms that practice it due to increased labor costs. price discrimination harms monopolies, which refutes over two centuries of economic theory.

You are the cfo of a u.s. firm whose wholly owned subsidiary in mexico manufactures component parts for your u.s. assembly operations. the subsidiary has been financed by bank borrowings in the united states. one of your analysts told you that the mexican peso is expected to depreciate by 30 percent against the dollar on the foreign exchange markets over the next year. what actions, if any, should you take