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A growing number of businesses—including videogame developers, cigarette companies, soft drink producers, liquor marketers, and fast food chains—are feeling the heat from government, the press, and society at large for encouraging harmful consumer habits. But in our free market economy, people are free to choose the products they consume (within legal boundaries, of course). Where does personal responsibility end and corporate responsibility begin? How does your response change across specific industries (fast food, brutal video games aimed at children, etc.)? What role (if any) do you believe the government should play? Develop a rationale for each of your answers and support it with facts.
How many different nash equilibrium payoff vectors exist in an ultimatum-offer bargaining game, given player 1's strategy space is {0,1,2,3,4,5,6,7,8,9,10} and player 1's payoff is 10-x ?
Illustrate what is GreatReception's profit when producing at the profit-maximizing output. calculator will refresh to its initial values.
Locate two recent articles regarding the current global economic crisis.
Many years ago, the traditional mortgage loan structure specified:
Suppose the growth rate of the firm's profit is 7 percent, the interest rate is 9 percent, and the current profits of the firm are $90 million. The firm does NOT pay out dividends. What is the value of the firm? $4,905 million $613 million $405 milli..
In a two year setting Rod has earnings of $ 8 000 this year and earnings of $ 25 , 0 00 next year. He can borrow or lend at an interest rate of 25%. Draw his budget line including endpoints. What is the slope of the budget line? What is the inter pre..
Do you think this particular budget cutting policy helpful to curb the growing budget deficit.
New actuator element technology enables engineers to simulate complex computer-controlled movements in any direction. If the technology results in cost savings in the design of amusement park rides, what is the future worth in year 5 of savings of $7..
What is adverse selection? How do these two concepts relate to the market for insurance and healthcare?
However, firms that have installed expensive air purification systems are able to eliminate fumes from the glue inside the plants. Suppose that 50 of these pillow-manufacturing jobs exist in firms with air purification systems, while the other 150 of..
The price of cotton rises. What happens in the market for cotton shirts?
State briefly the basic characteristics of pure competition, pure monopoly, monopolistic competition, and oligopoly.
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