Q. Suppose you elasticity of demand for your parking lot spaces are -0.5, and price is $20 per day. If your MC is zero also your capacity at 9 A.M. is 96% full over the very last month. Explain are you optimizing?
Q2. It is always better to hire a more qualified and productive worker then a less qualified and productive one regardless of cost. True or false Explain
Q3. Why did the contraction of United States as well as Japanese economies and the rise in the value of the yen hurt Sony's exports from Japan?