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The concepts of demand elasticities, analysis of market structures, pricing, and barriers to entry. Discuss how this type of knowledge can provide a better understanding of how firms create and sustain competitive advantage. In your answer, make reference to Porter’s five forces framework.
Using the information you gathered, discuss whether you believe the country is on a good course of economic growth and whether the macroeconomic policies are helping achieve this growth.
Compute the value of the price index for GDP for 2006 using 2005 as base year. By what percent did prices rise?
Using the above equations, impose the restriction Q1=2Q2. Find the profit maximizing Q1 and Q2 using the substitution technique.
Discuss and explain how exchange rates are determined using supply and demand. Provide some examples. Determine the current exchange rate of the United States to Japan, Canada, Germany, and Mexico currencies?
What does gross domestic product (GDP) tell us? How did GDP change from 2008? What caused these changes? What is real GDP? What was real GDP in 2008 and has it changed since 2008?
Compute the expected value (revenue) from each project. Compute the coefficient of variation of each project, and find out which project should the company choose. Compute the variance and standard deviation of expected value from each project.
Explain how the marginal principle and the pollution tax work together to determine the optimal amount of pollution abatement.
In the following question briefly describe how the exchange rate for the dollar would likely change in the short-run (ceteris paribus) and state whether the dollar appreciates or depreciate.
If you were offered an outrageous compensation package to join a company that is laying off employees, declaring bankruptcy, and/or performing poorly overall, would you accept the position?
Explain how is the United States doing in the most recent quarter compared to Japan, the Euro Area and Canada in terms of production and employment.
The demand for a product can change due to manyfactors. Distinguish between a change in demand and a change inquantity demanded. What are the determinants of demand What arethe determinants of supply
Proponents of free market systems argue that free enterprise leads to more efficient production and better response to changing consumer preferences. Others point to the fact that markets are not perfect.
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