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Give an example of a good or service that is “intangible” (not a physical commodity) and is NOT shareable. Explain briefly why it cannot be shared. Give an example of a good or service that is shared in the production of the good or service that you gave as your example. Explain the sharing in the production process. What or who shares what?
Suppose that Malaysia wants a stable exchange rate with respect to the dollar, and also wants to retain the ability to have an independent monetary policy. Are these goals consistent? What measures will Malaysia have to take so that it can achieve th..
The consumers’ surplus represents the total savings to those who are willing to pay more for a product in a monopoly situation, but are able to buy the product for a cheaper price due to a free-market environment. Find the consumers’ surplus at a qua..
Transfer pricing is a contentious issue for almost any company where divisions buy from or sell to each other. Stated another way, transfer pricing causes more conflict between divisions than almost any other issue. Give an example about this issue. ..
A project will require the investment of $108,000 in equipment (straight-line depreciation with a depreciable life of 8 years and zero salvage value) and $25,000 in raw materials (not depreciable). Net annual project income before-tax depreciation wi..
What does Cohen feel is the social responsibility of a business to its workers, stakeholders, and society as a whole and how does this perspective align with that of Drucker?
Some people (e.g., Hayek) argue that decentralization of economic decisions in the economy leads to an efficient resource allocation. What differences exist within the firm that make the link between de- centralization and efficiency less clear?
Which of the following describes the expected outcome of expansionary monetary policy in the short run?
During the first 13 weeks of the t.v season the Saturday evening 8:00pm-9:00pm audience proportions were recorded as ABC 29% CBS 28% NBC 25% and independents 18%. a sample of 300 homes two weeks after Saturday night schedule revision yielded the foll..
The Topic is Marketing ( Product, Services , Branding ,Packaging ) If you don’t trust yourself at that topic please don’t answer the questions , All 7 question has to be answered
If you had the power of the President, Congress, and the Federal Reserve, what would you do to stimulate the U.S. economy which is barely growing?
Explain the Economic Espionage Act of 1996. - What was the impetus for this law, and what penalties does it prescribe?
Ryan has $200 per week to spend on gas and food. The price of gas is $4/gallon and the price of food is $2 unit. What is the opportunity cost of an additional unit of food in terms of gallons of gas? What is the opportunity cost of a gallon of gas in..
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