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Muhammad Yunus is a Ph.D. economist and winner of the Nobel Peace Prize in 2006. He founded the Grameen Bank and was an innovator in using microcredit, or small loans- often of $100 or less-to spur growth in developing countries. "Yunus realized that very small loans to very poor people could make a big difference" in the ability of entrepreneurs in developing countries to start new businesses. Why would the funding to start small firms be more difficult in developing countries than in the United States? How do most entrepreneurs in the United States obtain funds to start new firms? Source: William Easterly, The White Man's Burden: Why the West's Efforts to Aid the Rest Have Done So Much Ill and So Little Good, New York: Penguin Books, 2006, pp. 58-59.
Write the economic analysis section of a business proposal. This will include statements about the market structure and the elasticity of demand for the good or service
What is the relationship between ethical and legal issues? What role do external social pressures have in influencing organizational ethics? How might these issues be relevant to personal and organizational decisions?
A HR Director for a medium size public company. Under Americans with Disabilities Act are the following workers entitled to a affordable accommodation and, if so, what would be affordable:
Suppose a firm produces bicycles. Will the firm's accounting statement reflecte the opportunity cost of the bicycles Why or why not What cost would an accounting statement revelat Should current decisions be based on accounting cost
Explain the following statment: "A monopolist can control the price or the quantity sold, but cannot control both."
Regional and local tax strategy drives supply chain in regards to property, value-added, inventory and income taxes. Property tax incentives and holidays attract firms to build manufacturing plants, distribution centers, and any type of business in t..
let qs -1000 5.5p and qd 25000 - 2.5p be the supply and demand relationships respectively for a competitive
a firm that is perfectly competitive in product and factor markets has the following proshyduction
In the short run, competition sometimes leads to inefficiency in the operation of our economic system. Many people argue for monopoly in order to eliminate ties inefficiency. Discuss this solution.
The airline business is characterized by high capital costs and low profits. Wouldn't competition make the situation worse? Why or why not?
Calculate the change in consumer’s surplus, change in producer’s surplus, tax revenue, and deadweight loss as a result of the policy change. Illustrate them on a graph.
1. a higher rate of saving at the national level will in the long-run .a.cause a decrease in levels of capital and
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