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Do chief executive of?cers (CEOs) and their top managers always agree on the goals of the company? Goal importance congruence between CEOs and vice presidents (VPs) was studied in the Academy of Management Journal (February 2008). The researchers used regression to model a VP's attitude toward the goal of improving ef?ciency (y) as a function of the two quantitative independent variables, level of CEO leadership (x1) and level of congruence between the CEO and the VP (x2). A complete second-order model in x1 and x2 was ?t to data collected for n = 517 top management team members at U.S. credit unions.
Suppose that the matching function is given by: M = em(Q, A) = eQ^(0.7)A^(0.3) Express pc and pf as functions of e and labor market tightness j. Suppose that by law the wage is increased (while keeping all the parameters from part (c) unchanged). Wha..
How the Internet may affect public opinion in a positive or negative way with regards to brand reputation. Select a well-known brand (i.e. Nike or Microsoft) and discuss the current state of public opinion using the Internet as your research t..
Write a 1,050- to 1,400-word paper on your selected service or product that discusses the effects of consumer demand on medical care services or products versus the economic variables of cost.
Calculate the present value of the costs and the present value of the benefits of each career path assuming an interest rate of 3% and then again at an interest rate of 10%. Which of the career paths should she pursue under each interest rate?
Is housing in this town a(n) normal or inferior good? Explain?
perfect competition 1. a perfectly competitive firm has the short-run marginal cost functionmc 3 6q 3q2where k
Assuming there is no change in either demand or the firms' cost curves, explain what will happen in the long run to the price of fertilizer, marginal cost, average total cost, the quantity supplied by each firm, and the total quantity supplied to ..
Discuss the long run implications of monopolistic competition with respect to (a) utilization of plant, (b) allocation of resources, and (c) advertising and product differentiation. Compare this to the situation of perfect competition.
an estimate of the demand function for household furniture produced the following resultsf 0.0036y 1.08r0.16 p 0.48
Katherine advertises to sell cookies for $4 a dozen. She sells 50 dozen, and decides that she can charge more. She raises the price to $6 a dozen and sells 40 dozen. What is the elasticity of demand?
What is the invisible hand principle Does it indicate that self-interset behavior within markets will result in actions that are beneficial to others What conditions are necessary for the invisible hand to work well? Why are these conditions impor..
Jessica Alba, a famous actress, starts the baby and family products business, The Honest Company, with Christopher Gavigan. Alba and Gavigan set up their site so that families could choose what kinds of non-toxic, all natural products they'd like ..
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