Search & Filtering
The activity is to select an asset of your choice. For example you may select an appliance in your home, office, or in another place that have been in use for many years and you are thinking is time to replace it by a new one. The new one or challenger, that you think should replace the defender, is supposed to do a similar operation than the old one. But the new appliance has its costs. After selecting the defender equipment and the challenger, express your opinion of why the old equipment should be replaced and the possible costs of doing the replacement. Does it worthwhile to replace the old appliance now?
The student must post his or her opinion in the Discussion Board section of Tools in Black Board, creating a thread so your classmates may see what is written.
Find the elasticity of scale and the elasticity of substitution for the CES production function
f(x1; x2) = (x1rho + x2rho)1/P,
where 0 is not equal to P is less than 1.
Discuss South Africa's focus on public sector wage bill as an expenditure of control measure
. The values in table below refer to the change in an individual’s demand for two goods A and B when the price of good A rises from 10 to 20. (everything else, including the price of B, remains the same). (a) Draw demand curve for Good A showing these changes and give explanation of change. (b) Explain what kind of shift would be there in demand curve of good B. (c) From the changes in demand and price what you can say that what kind of goods are A and B. . Before After Goods Price Quantity demanded Price Quantity demanded A 10 20 20 15 B 20 40 20 35
How can i conclude that public sector wage bill is an effective expenditure control
Flat Screen Televisions Lose $126 per Unit Sold: Sony Corporation
Most of the cost of a flat-screen TV involves the LCD panel. Globally, 220 million flat-screen TVs were sold in 2011 for $115 billion. Although scale economies in massive factories and volume discounts on electronic input components have driven the cost of LCDs down from $2,400 to $500 the last decade, the price has fallen even faster. In 2001, the average selling price of a large LCD panel was over $4,000. By 2011, this price had fallen below $600. Sony Corporation finds its flat-screen TVs now fail to cover the full cost of the LCD panels and instead impose a $126 ($500 - $374) loss per TV sold. Nevertheless, the indirect fixed costs of the LCD factories including Korean Samsung, Japanese Sharp, Panasonic, and Sony constructed are partially covered by continuing its operation Losses would be greater in the short run if they shut down.
A furniture manufacturer increases all his input to double the output. He finds that the total production cost increases by 120%. Explain TWO reasons why the above situation happened.
A furniture manufacturer increases all his input to double the output. He finds that the total production cost increases by 120%. Explain TWO reasons why the above situation happened.
Discuss how they dealt with the problem of public sector wage bill
How can the public sector wage bill be controlled
