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News Analysis. Analyze a news from a global newspaper (Financial Times, Newsweek or a similar one), delivering a report that could be useful for your company to take a managerial decision.
No limit of pages or format is determined. Only constraint is that your submission should always include the following (but you can choose to expand or add to this list, if needed for your analysis- please note that the evaluation of your submission will be based on your insights, arguments and proposals):
.- A clear understanding of the problem/decision/issue/main topic addressed
.- An evaluation of the situation at the time of the study, based on and using the models and tools learnt in class
.- A presentation of alternative solutions/answers to the problem/question with justifications
.- Your solution/answer to the main problem/question with a clear and logical explanation.
Compute the industry price necessary for firm to supply 10,000, 20,000, and 30,000 pounds. Compute the quantity supplied by the firm at industry prices of $1.50, $2.50, and $3.50 per pound.
At present current business how do changes in macro environment effect individual companies and industries through microeconomic factors of demand, production, cost, and profitability?
Given production function Q= 100(L^0.5)(K^0.5), where L = labor hours per unit time, K=machine hours per unit time, and Q=output per unit time.
What price would Soft Rock have to charge to sell 2,000 T shirts? Compute the own price elasticity of demand when the price goes from $5 to $4.
Suppose if pollution is bad, why is there any tolerance and programs for pollution rights, tax incentives, and subsidies?
Assume that instead of maximizing profit, the firm wants to maximize total revenue. Using algebra determine the optimal output, price, profit and revenue for the firm.
Assume The Big Enchilada Restaraunt has been offered a 1 year binding lease agreement for $5200/mth on an attractive site. Before the lease is signed, what is the incremental cost per month?
A monopolist sells in two geographically divided markets, the East and West. Marginal cost is constant at $50 in both markets. Demand and marginal revenue in each and every market are as follows:
Calculate the appropriate value to use for income in your analysis. Explain why you choose to use that level of income and what is the dead weight loss associated with monopoly
Describe why the following is an example of monopolistic competition: There are a number of fast-food restaurants in town, and they compete fiercely.
What is the cost of using this machinery for one year? How would your answer be different if the machinery had not yet been purchased?
Draw the budget constraint for a world with both fixed time costs and fixed money costs of working. What is the effect of fixed costs on the reservation wage?
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