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Discussion Question
Please answer each question thoroughly. Each question should be at least 1/2 a page but no longer than 1 page. Grammar matters and please cite all sources.
1. Explain the two types of competitive pressures and the strategies that best align with differing levels of each pressure.
2. Describe the basic entry decisions a firm faces. How do these influence the choice of entry mode and how do firms select the best entry mode?
Assume that labor demand is given by Qd = 200 - 20P and labor Supply is given by Qs = 10P - 10, where P = wage and Q = quantity of labor. If a minimum wage of $8 is imposed on this market, what will be the impact on consumer and producer surplus in t..
Suppose that after the wage goes up in the Northern state, workers lose their jobs in the North and decide to move to the Southern state. This increases the population there. Adjust the graph to show what happens to employment and the wage in this So..
Summarize this information using a comparative bar graph that shows differences between males and females within the two different age groups. Comment on the interesting features of your graphical display.
Identify two goods each whose demand exhibits (a) high income elasticity, (b) low income elasticity, (c) high price elasticity, and (d) low price elasticity. What accounts for the differences in elasticity?
What was national income for 2008 and What does national income tell us? What is the difference between GDP and NI? How has NI changed since 2008? What caused these changes?
What organizational characteristics facilitate embracing accidents as sources of innovative products and services? Consider 3M and Post-it Notes.
demand and supply curves for cigarettes are given byqd frac128p12 and qs 4p2where p is the price of cigarettes in
Explain in words and with a graph why a 15 cent per gallon tax on milk could be collected from milk producers or from milk consumers at the store with the same result?
Through a five year period, the ticket sales for the football team have increased 45 percent whereas the average ticket prices have increased by 70 percent. Do these changes imply an upward sloping demand curve? Describe
Suppose the government reduces taxes by $20 billion, that there is no crowding out, and that the marginal propensity to consume is 3/4. a) What is the initial effect of the tax reduction on aggregate demand
Why would the government impose a price floor to subsidize a farmer? How is a shift in the demand curve dissimilar than a movement along the demand curve? Name the kind of legislation that is used to prevent too much market power (used to break up mo..
Why is rejection of the null hypothesis using a t test a more specific statement than rejection of the null hypothesis using the appropriate distribution-free test?
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