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domination of political sessions by the Congress

Question

What were the factors that caused for domination of political sessions by the Congress

 
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Compare and contrast Dewey and Aristotle’s

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Compare and contrast Dewey and Aristotle’s views with respect to the these questions: What is democracy? What are

its strengths and weaknesses? Can democracy’s weaknesses be corrected, and if so, how?

 
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Goldberg-Scheinman Publishing Company

Question

Goldberg-Scheinman Publishing Company is publishing a new managerial economics text for which it has estimated

following fixed and average variable costs:  Total Fixed Costs (Copyediting- 10,000, Typesetting 70,000, selling and promotion 20,000, TOTAL Fixed Costs- 100,000), Average Variable Costs (Printing and binding- 6, admin costs- 2, sales commission- 1, bookstore discounts- 7, author’s royalties- 4, Average Variable Costs- 20, project selling price- 30).  Find the publisher’s breakeven output and the output that would lead to a total profit of $60,000 and the total sales revenues at that output level; draw the cost-volume-profit chart. 

 
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Electric utility companies

Question

Electric utility companies generally operate their most modern and efficient equipment continuously (i.e., around

the clock) and use their older and less efficient equipment only to meet periods of peak electricity demand. What does this imply for the short-run marginal cost of these firms?    Why do these firms not replace all their older equipment with new equipment in the long run?

 
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