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Q1. Recognize minimum 1 important Entrepreneur that you would consider an "Entrepreneurial Legend" and explain why you consider the person to be or have been exemplary. Your explanation for selecting the person should comprise examples of managerial economics and should include other criteria such as social responsibility and ethics. Consider to cite your authority also be careful not to plagiarize.
Q2. Illustrate the advantages as well as disadvantages of Design Dominance? When design dominance is discussed, what company name comes to mind?
The 2 firms form a cartel & arrange to split total industry profits equally. Under this cartel arrangement, they will maximize joint profits.
Alex's Furniture Mart produces and sells tables in a perfectly competitive market. When Alex's Furniture Mart produces and sells 250 tables.
Indicate if GDP is affected, under what category and what happens to GDP Oklahoma cleans up after a devastating tornado.
Consider a small economy in which consumers buy only two goods pies and tarts. In order to compute the consumer price index for this economy for two or more consecutive years.
The European Engine Company (EEC) is a multi-national manufacturer of small gasoline and diesel motors.
A residential rental property is acquired during the first month of the taxable year, at a total cost (including transaction costs) of $1,200,000.
Calculate price, quantity and social surplus for the initial state and each policy.
From what you know about these firms' cost structure, what is the highest possible price per unit that could be existing as the market price in the long run equilibrium.
Find the quantity that maximizes the profit of the monopolist, the profit of the monopolist and the corresponding domestic and international price.
Assume a one-time decrease in population, possibly caused by an onset of disease or a sudden out-migration.
Can the researcher say with a 0.05 level of significance that the proportion of children not completing primary school is more than 1%.
Suppose that you are in a committee meeting of the United Nations
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