Gap has too many 12,500 square feet stores. The target store size is 6,000 to 10,000 square feet, so Gap plants to combine previously separate stores. Some Gap Body, Gap Adult, and Gap Kids stores will be combined into one store. (CNN, June 10, 2008). Is Gap taking advantage of economies of scale?

Q: a business cycle, a trough is immediately followed by a(n): Group of answer choices peak. recessio...

A: In a business cycle, 1) Trough refers to a stage in the business cycle that implies the lowest leve...

Q: 14. On January 1, 1997, your brother bought a used car for $8,200, and he agreed to make a down paym...

A: Price for used car = $8200 Down payment made = $1500 Interest rate = 13.8% Balance is to be repaid i...

Q: Religion defines the ideals for life, which in turn doesn’t reflect the values and attitudes of soci...

A: The correct answer is given in the second step.

Q: Randland has a large number of people who are alike in every way. Seanchan has the same number of pe...

A: The reason behind the disparity between the two places is as follows:-

Q: A committee of 4 persons is to be appointed from 3 officers of the production department, 4 officers...

A:

Q: 2) Assume: Q(S) = 3P; Q(D) = 200 -P %3D a) What is the equilibrium P and Q? Explain b) If there is a...

A: We can find equilibrium by equating supply equal to demand i.e. Q(S) = Q(D)

Q: entrepreneurs, freedom, opportunity, and a little bit of money are to economic growth and prosperity...

A: The correct answer is given in the second step.

Q: Suppose that Bob and Jimmy both have 10 hours of time that they can use to do one of two things: mak...

A: In one hour:Bob can make 15 hamburgers and 3 plates of pasta.Jimmy can make 8 hamburgers and 2 plate...

Q: Most of the jobs that were added to the American economy over the past thirty years were in which of...

A: The phrase "blue collar" was coined because people who performed physical labour in the past wore bl...

Q: L^aK^1-a Suppose labor is fixed at some level -, a = 0.5, and A = 1. Calculate K* )What is T C* ? -)...

A: The fixed cost does not change with change in the level of output. 

Q: explain what is meant by intermediate products and the role they play in the production function

A: Consumer goods are those goods which are purchased by the consumers for direct consumption and satis...

Q: Answer the following, providing a graphical illustration along with your answer where necessary: a) ...

A: Note:- Since we can only answer one question at a time, we'll answer the first one. Please repost th...

Q: e) Make a graph with the CFT, CVT and CT. On the back it describes what the graphed curves mean f) M...

A: Before making the graphs for parts e and f, we need to calculate the following table as you must hav...

Q: The payoff table shows the competition between a new entrant and an incumbent firm. Determine each f...

A: The easiest way to find the pure nash equilibrium is to underline tha maximum payoff to a player giv...

Q: Figure 8-8 Suppose the government imposes a $10 per unit tax on a good. Price 24 22+ 20 18 Supply 16...

A: Tax in any economy creates the dead weight loss which is the sum of loss in consumer and producer su...

Q: wo firms with the same (constant) marginai costs are engaging in Bertrand competition. One of the co...

A: Question 10 The firm will call you with homogeneous products if the discount factor is greater than ...

Q: The consumer price index for a group of workers was 250 in 1994 with 1980 as the; (1) Compute the pu...

A:

Q: Your wage increases by 25%. If you want to keep your income constant: Select one: You can only do so...

A: Here, it is given that an individual gets an increase in his wage rate by 25%, but he wants to keep ...

Q: ial cost, $ nual income, $ per year -150,000 -250,000 20,000 40,000 nual expenses, $ per year 24 -9,...

A: For alternative ‘J’ Given, Initial cost = -250,000 Annual income = 40,000, Annual expense = -14,000 ...

Q: increase in al O a. Price level incases. O b. Real GDP and price level increase. O c. Interest rates...

A: DISCLAIMER  “Since you have asked multiple question, we will solve the first question for you. If yo...

Q: That the free flow of goods and capital creates economies of scale is not necessarily a good thing. ...

A: Externality refers to the effects caused by an activity over its surrounding or environment. These e...

Q: an independent farmer, CO D F FF: Angela and Bruno combined 16 24 Angela's hours of free time ct TWO...

A: The correct answer is B. The final outcome could be point H, which is pareto improvement.  D. The fi...

Q: In a world where the only goods are cell phones and cereal: Jennereelam can produce: 80m kilos of ce...

A: According to the question given,  Jennereelam can produce 80 million kilos of cereal and 200 thousa...

Q: Introduced by the Makabayan Bloc on 20 September 2021, House Bill No. 10253 or the Super Rich Tax Ac...

A: This question is based on the Super Rich Tax Act of 2021.

Q: According to the Coase theorem, private parties can solve the problem of externalities if Group of a...

A: The Coase Theorem is best explained by way of a real-world case study. A prominent example of an ext...

Q: apital equipment per worker ($ thousands) g statements are correct? e function is the marginal produ...

A: *Answer:  Correct options are a) and b) °The marginal product of capital is the additional output th...

Q: a) What are equilibrium price and equilibrium quantity? Calculate consumer surplus, producer surplus...

A: Equilibrium price and equilibrium quantity is decided at the point where demand and supply curve int...

Q: What did Frederick Engels believe about the family and society

A: A society is a group of people who interact with one another on a regular basis, or a large social g...

Q: 1. Find the returns to scale for the following production functions: a. q = K 34L_34 b. q = KLM c. q...

A:

Q: he problem prévéhts indiv nvestors from producing enough nformation to eliminate all the asym nforma...

A: The free rider problem prevents individual investors from producing enough information to eliminate ...

Q: The marginal cost of producing the xth box of DVDS is 15 + and the fixed cost is $100,000. Find the ...

A:

Q: Jessica a single mom who earns $10 an hour and has 500 hours of time. She is eligible for the follow...

A: The Benefit Reduction Rate is the percentage of earned income that is deducted from a family's basic...

Q: Suppose that over the past year, the real interest rate was 4 percent and the inflation rate was -1 ...

A: Inflation is the rate at which the value of a currency is falling and, consequently, the general lev...

Q: The probability that a management trainee will remain with a company is 0-60. The probability that a...

A:

Q: For this cost function, Marginal Cost = MC = 10 q . (45) Fill in the table with your values from you...

A: MC(marginal cost) is the slope of TC(total cost). TC is the sum of TVC(total variable cost) and TFC(...

Q: Which of thế a. In a sole proprietorship, personal assets are considered separate from business asse...

A: The correct answer is d. The soul proprietorship is the least complex form of business The above sta...

Q: Refute this statement with three reasons "The future is big tech and that should be our focus, not s...

A: Small-scale industries are those in which production and manufacture are carried out on a limited sc...

Q: (a). The consumer price index over a certain period increased from 120 to 215 and the ages of a work...

A: The answer is given in the attached picture:

Q: Consider a firm whose cost of producing each unit is the same at all output levels. Which of the fol...

A: The correct answer is c. The isoprofit curves cannot cross.  This is because higher the isoprofit cu...

Q: The marginal cost of providing a taxi trip is $5.00. Each taxi has the ability to make 20 trips per ...

A:

Q: ect TWO true statements about money. ect one or more: a. Base money is equal to cash plus commercial...

A: Here the correct statements are a. Bass money is equal to cash plus commercial bank reserve with the...

Q: Explain how changes in resource prices, interest rates, and currency exchange rates will direct the ...

A: The currency exchange rate, along with interest rates and inflation, is one of the most important pr...

Q: Q#2 Graph the EUAC or EUAB of the following two mutually exclusive alternatives. Use interest rate f...

A: EUAC or, Equivalent Uniform Annual Cost can be calculated by:EUAC = P(A/P, i %, n) - S(A/F, i %, n) ...

Q: Using a bar chart, when prices are rising, what do falling volume and open interest indicate regardi...

A: When making economic analysis, bar graph is one of the graphical representation of a specfiic analys...

Q: Name four differences between the Keynes and Fishers model of consumption

A: These are the four differences between the Keynes and Fisher's Model of consumption:

Q: Tom's utility function is u(x,x,) = In(x,)+2 In(x,) and Sally's utility functic u(x,,x2) = min{x, } ...

A: utility function is an important concept that measures preferences over a set of goods and services....

Q: Which TWO of the following statements are correct? O a. The value of unsold goods that have been pro...

A: GDP - it is the value of all finished goods and service produced within a country within specific ti...

Q: In the diagram below, if legislation allows Angela to be at point F, if Angela and Bruno can bargain...

A: The correct answers are B. The final outcome could be at point h which is a Pareto improvement point...

Q: 1. A company is considering opening a new product line. The building being considered will have a mo...

A: The point where the costs of producing a product equal its revenue is called the break-even point.. ...

Q: Suppose John spends all income on video games and pizza. Suppose the price of video game decreases a...

A: