am. 141. List a reason why a business should consider a policy on the proper use of businessemail, and an educational campaign to make employees aware of this policy.A

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ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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PER-UNIT COST (Dollars) Jouet is a profit-maximizing firm producing toy trains-a capital-intensive good-which are sold in its home country, France, and abroad in Russia. Jouet chose foreign production as a method of penetrating the Russian market and has to decide whether it is more efficient to directly invest in ussia to establish a production subsidiary or to license the technology to a Russian firm to produce its goods. n the following graph, AVCR is the average variable cost curve of a Russian firm producing toy trains. (This curve represents costs such as labor nd materials.) The curve ATCsidiary represents the total unit costs Le Jouet will face if it establishes a subsidiary in Russia. ATCudary AVC Russia 15 20 4 60 75 90 105 120 130 150 PRODUCT (Thousands)
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Electricity accounts for almost 20% of the production costs of aluminum smelters. A 10% increase in the price of electricity leads the smelters to reduce their production, thus lowering their demand for electricity by 5%. The adoption of recent technological innovations would allow aluminum plants to use less electricity in the future. This suggests that the demand for electricity by aluminum smelters in the short term is (a) inelastic. (b) less elastic than their demand for electricity in the long run. (c) Both of the above answers are correct. (d) None of the above answers are correct.
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A company manufactures two types of typewriters-electrical (E) and manual (M). The revenue function of the company, in thousands is: R(E, M) = 8E + 5M + 2EM – E² – 2M² + 20. Determine the quantity of electrical and manual typewriters which lead to maximum revenue. Also calculate the maximum revenue.

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List a reason why a business should consider a policy on the proper use of business email, and an educational campaign to make employees aware of this policy. A