European Feudalism fostered American Capitalism

In 200 words describe How European Feudalism helped foster American Capitalism

You've been hired by an unprofitable firm to determine whether it should shut down its unprofitable operation. The firm currently uses 70 workers to produce 300 units of output per day. The daily wage (per worker) is $100, and the price of the firm's output is $30. The cost of other variable inputs is $500 per day. Although you don't know the firm's fixed cost, you know that it is high enough that the firm's total costs exceed its total revenue. The $30 price is the price per unit. Finally, when the assignment says, "300 units of output per day," that means 300 units are sold as well. The 300 units represent the quantity for the day. Provide a 1-2 page report to management of the firm as to whether or not it should continue to operate at a loss? Be sure to show your work to support the deicision you outlined in your report.

You've been hired by an unprofitable firm to determine whether it should shut down its unprofitable operation. The firm currently uses 70 workers to produce 300 units of output per day. The daily wage (per worker) is $100, and the price of the firm's output is $30. The cost of other variable inputs is $500 per day. Although you don't know the firm's fixed cost, you know that it is high enough that the firm's total costs exceed its total revenue. The $30 price is the price per unit. Finally, when the assignment says, "300 units of output per day," that means 300 units are sold as well. The 300 units represent the quantity for the day. Help the management of the firm as to whether or n... click for more

Several Questions

1) What is meant by fiscal policy? 2) How does crowding out occur? 3) What is aggregate demand? 4) What is an automatic stabilizer? Name one. 5) Name three functions of money. 6) How does the reserve ratio set by the Federal Reserve affect the ability of banks to make loans? 7) Name the tools of the federal Reserve Bank. Which is most important? 8) How does the real interest rate differ form the nominal interest rate? Questions Schiller Text - 10th Edition the economy today isbn 0072979119 Chapter 13 Ques 5. Does the fact that your bank keeps only a fraction of your account balance in reserve make you uncomfortable? Why don't people rush to the bank and retrieve thei... click for more

Economic Problem with A Car Company

A major car company (from Japan), announced a major restructuring plan. to attempt to reverse its 6 percent decline in sales. the company's North American sales were hard hit, where a 29 percent drop in sales. This because of bad loans and financing with banks. In Japan, sales dropped a 56 percent, due to recalls and attempts to cover up faulty products. Prior to restructuring plans, marginal rate of technical substitution is 0.15 (abolute value). To hire workers, suppose must pay the rate of Y1,330 and determines that the marginal productivity of capital is 0.5 small cars per hour at his targeted level of outpuet and the capital is procured in a highly competitive market. A study done... click for more

Economics

Having problems getting stated..Here is the assignment For multinational corporations, friction costs arise where practices of the firm are seen by the public as exploitative or unethical. These actions lead to public criticism and loss in the value of the company's goodwill and may translate into measurable sales losses. There is growing evidence that a corporation's image can become a competitive advantage due to positive gains in consumer approval. In the U.S., there are a number of indications that so-called "green consumers" represent an increasingly important niche in various sales markets, and companies that are environmentally exemplary and go beyond the minimum legal requirem... click for more