MONOPSONY 1. Consider that in year 1, there is a Q = 350 and P = 20 and the value of the purchase for buyers is VT = 5,000 and for year 2 we have that Q = 390, the P = 22 and VT = 4,800. Determine: a.Total spending for both periods. b. VMg and GMg c. Net Profit for both periods. d. Marginal Net Profit. e. There is a profit maximization. VMg = GMg VT (Total value of the purchase) VMg (Marginal Value) GMg (Marginal Spending)
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MONOPSONY
1. Consider that in year 1, there is a Q = 350 and P = 20 and the value of the purchase for buyers is VT = 5,000 and for year 2 we have that Q = 390, the P = 22 and VT = 4,800. Determine:
a.Total spending for both periods.
b. VMg and GMg
c. Net Profit for both periods.
d. Marginal Net Profit.
e. There is a profit maximization. VMg = GMg
VT (Total value of the purchase)
VMg (Marginal Value)
GMg (Marginal Spending)
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- MONOPSONY1. Consider that in year 1, there is a Q = 350 and P = 20 and the value of the purchase for buyers is VT = 5,000 and for year 2 we have that Q = 390, the P = 22 and VT = 4,800. Determine: a.Total spending for both periods.b. VMg and GMgc. Net Profit for both periods.D. Marginal Net Profit.E. There is a profit maximization. VMg = GMg Just answer D and E VT (Total value of the purchase) VMg (Marginal Value) GMg (Marginal Spending)A productivity index of 110% means that a company's labor costs would have been 10% higher if it had not made production improvements. Now refer to the Income Statement in Digby's Annual Report. The direct labor costs for Digby were $32,486. These labor costs could have been $20,000 higher if investments in training that increased productivity had not been made. What was the productivity index for Digby that led to such savings? Select: 1 155.4% 38.4% 44.6% 161.6% Save AnswerYou are a member your company"s strategic planning group. Your company is in the business equipment sales and services field. You are tasked with the following: a. Using the National Income and Product Accounts, develop some benchmark measures of the overall economy and your business in order to provide a standard for judging performance. b. Distinguish between CPI and GDP deflator calculations and suggest which might be more appropriate for benchmarking your business-to-business pricing strategy. c. Employee recruitment is central to your company"s success. Distinguish between structural and cyclical unemployment. Explain how unemployment can vary between demographic groups and how this might influence your recruiting efforts. d. Since your company has operations in Europe as well as Asia, please provide some guidance on the differences in European and American labor markets that would impact your decisions on plant location, sales, and labor market hiring policies in these…
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