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Discuss and explain how coaching rather than managing people can [A] enhance a leader's understanding of RQ and therefore provide a better understanding of their followers. Also, [B] how may RQ assist leaders in the developing employees and making a more productive and satisfied work group and [C] identifying effective novel reward behaviors (NRB) relevant for their employees (be sure to describe the characteristics of a NRB.
You're the manager of monopolistically competitive firm. The present demand curve you face is P=100-4Q. Your cost function is C(Q)=50+8.5Q2 (That's Q squared).
The atmospheric pressure of 100k Pa acts on the other side of the piston. The gas is heated until the volume is doubled and the final pressure is 500 kPa. Calculate the work done by the gas.
Assume the Fed decides to buy $1 billion in Treasury bonds from the public. Suppose that the reserve requirement is 10%. What takes place to the interest rate and money supply?
Briefly discuss whether this problem provides enough information to determine whether the equilibrium price and quantity of trucks increased or decreased.
Employ the following equation to demonstrate why the firm producing at the output level where MR=MC will also be able to maximize its total profit
Crew Brew produces a popular brand of beer in its mini-brewery located on a small river in Kentucky. Assume that capital can be purchased for $8 per unit, and labor costs $6 per unit. What is the optimal combination of inputs for the firm to employ..
You're in Management for IBX Steel Components. J. D. Brotsky is a top labor leader and just announced that her union will go on strike against management unless you grant the workers a significant pay raise.
Draw linear PFF representing the tradeoff between hot dogs and buns with 120 million workers available.
Distinguish between explicit and implicit costs, giving examples of each. Differentiate between accounting profit, normal profit and economic profit.
Demonstrate that under this analysis commodity movement and factor movement are substitutes for each other.
In your own words, describe the law of demand through the income and substitution effects, using a price increase as a point of departure for your discussion.
Explain the law of diminishing returns in your own words. This idea can be applied to other concepts in economics. Think about your own utility from consumption. Give a personal example of diminishing utility.
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