Micro Economics For Today
10th Edition
ISBN: 9781337613064
Author: Tucker, Irvin B.
Publisher: Cengage,
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Question
Chapter P4, Problem 3KC
To determine
The principle of paying the same for the works that require the same level of qualifications.
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Topic: Theory of Firm: Production & CostPlease help me answer all of these.
Subject: Manegerial economics & policy
Following are examples of typical economic decisions made by the managers of a firm.Determine whether each is an example of what, how, or for whom.a. Should the company make its own spare parts or buy them from an outside vendor?b. Should the company continue to service the equipment that it sells or ask customers touse independent repair companies?c. Should a company expand its business to international markets or concentrate on thedomestic market?d. Should the company replace its own communications network with a “virtual privatenetwork” that is owned and operated by another company?e. Should the company buy or lease the fleet of trucks that it uses to transport its productsto market?
Which of the following goals are concerned with creating and maintaining employee and customer satisfaction and social responsibility.
Select one:
a. noneconomic
b. economic
c. public relations
d. welfare
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