A country has had significant oil revenues for many years. The price of oil falls so dramatically and remains so low for decades. Discuss how this could affect the country's business structure in the long term. Illustrate graphically.
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- Attached is question. PLEASE SHOW WORK IN EXCEL!Identification. Answer the following questions below. QUESTIONS: 1.) What is the statistical technique for finding the best relationship between dependent variable and selected dependent variable or variables? 2.) What is the increase in output that results from an increase in all of a firm’s outputs by some proportions? 3.) What production function are the 3 stages of production applicable? 4.) What stage of production is the increase in output that results from increase in a firm's outputs by some proportion? 5.) In long run production, a change in output necessitates the what?Find the number of people employed in the country from the articel. Explain your reasoning.
- Describe the need to be flexible in their approach to work, responding positively to changes or amendments required by the business.MANAGERIAL ECONOMICS 5. In conducting studies to estimate market / demand forecasting, generally two types of data are used, namely “Time Series” data and “Cross-section” data or a combination of the two types of data; explain the meaning of the two types of data and the advantages/disadvantages of each! 6. Explain what is meant by ISOQUANT? Next, explain the main characteristics of the isoquant curve and how to find the optimal point of production; Next, explain the meaning of the Production Economic Area which is depicted by a dividing line called the Ridge LineIMPORTANT: Pc=2 , Pp=4 , I=80
- Alexandro, a French national is working as a Manager in an international company in the United States. Alexandro supervises about twenty two product engineers and five technicians in an automobile manufacturing unit. The technicians and engineers report to Alexandro every Tuesday of the week to update of their work and Alexandro finds this very taxing and cumbersome (stressful). In fact, Alexandro proposed to introduce a paper-report system where all the employees he supervises can write and submit paper-based reports. But, the management rejected his idea citing more bureaucracy to which Alexandro told his immediate boss, "This is how we do it in France. It is the right way and perhaps this should be implemented here too." You understand that Alexandro has adopted: A. Stereotyping B. Ethnocentrism C. Cultural pluralism D. None of the aboveOnly typed answer and please don't use chatgpt 11) Marginal product is: A) total product divided by the number of workers employed. B) the increase in total cost attributable to the employment of one more worker. C) the increase in total revenue attributable to the employment of one more worker. D) the increase in total output attributable to the employment of one more worker.Hi, What is the answer to part 2 of the question, "number of workers Ralph hires"? I have tried answering but am not getting it correct. Please help, Thank you.
- 7.18 You are the chief learning officer for your organization and are tasked with evaluating a recent training program. What is the easiest way to accomplish this task? O Measure the return on investment. O Assess the transfer of learned skills to the job. O Test participants' knowledge and skills before and after the program OAssess participants' reactions to it.Stuck on determining the figureCase study The recent report on SMEs across the country asserted that the contribution of SMEs to GDP and employment is not encouraging (Ndumanya, 2013; SMEDAN, 2012). The mortality rate of SMEs in the country is now about 80% before their fifth year anniversary, which was 15% in 2002 (SMEDAN, 2012). Hence, this indicates the low growth and high mortality rate of SMEs in the country. Consequently, the performance of SMEs in Nigeria is considered to be below expectations compared to other lower middle income countries (Ndumanya, 2013). Recently, Malam Sanusi Lamido Sanusi, Governor of the Central Bank of Nigeria (CBN) affirmed that Nigerian SMEs cannot perform to expectations because of certain constraints related to financing, as a result of their unprofitable business operations (Bangudu, 2013a; Sanusi, 2013). Based on these, some of the studies have reported a significant relationship between EO and firm performance (Fairoz et al., 2010; Li, Huang, & Tsai, 2009; Lumpkin &…