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1. Why might the level of entrepreneurship vary across countries?
2. Would all the factors that promote or constrain business entrepreneurship also affect the level of social entrepreneurship?
3. Do you think some industries would be more affected or less affected by the criteria in the Doing Business rankings?
4. Among those factors affecting the level of entrepreneurial activity, which might be the easiest to change and which might be the most difficult? Which might take the most time to change?
5. How might a country's level of economic development affect the nature of entrepreneurial activity?
Clear Water Company has a down-hole well auger that was purchased 3 years ago for $30,000. It has been depreciated over the 3 years as MACRS-GDS 5-year property. It has an estimated remaining life of 7 years. O&M costs are $13,000 per year. Using an ..
In a monopolistically competitive market, the government applies a specific tax of $1 per unit of output. What happens to the profit of a typical firm in this market? Does the number of firms in the market rise or fall? Please explain.
A security architect is supporting a project team responsible for a new extranet application. As part of its activities, the team is identifying roles within the system and documenting possible conflicts between roles that could lead to collusion ..
What are two reasons why a firm operates at a loss? Provide a example.
There are 1,000 individuals in the city of Lincoln wishing to sell their used cars. The value of a car, V, ranges between $0 and $3000. The distribution of values is such that the number of used cars is worth less than $V is V/3. The true value of th..
What is the Federal Reserve and why does it exist in our economy? What is Monetary Policy and how does it make adjustments to inflation problems? What was QE (Quantitative Easing) and why did the FED instigate Quantitative Easing? What was the outcom..
The author notes that several factors motivate firms to locate offshore or to move some of their production there. Discuss the three measures (value added, capital expenditures, employment) and how they impact US multinational corporations.
How do oligopolies influence market inefficiencies? a. the industry produces less output b. deadweight loss for society is increased c. prices for those goods are artificially high d. the industry makes higher profits
Discuss the various ways inflation can hinder economic activity. What are some strategies you might use in your life to deal with rising inflation? How might these strategies change if we experienced deflation?
What are the equilibrium price and quantity for this monopolist if it charges a single price to everyone? How much profit does the firm make? Show on the graph whether this market is operating efficiently. Calculate the dead weight loss. Calculate th..
If a contractor decides to deviate from this agreement, what would the optimal deviation be?b. Suppose that M = 10 and C = 1. For which values of "delta" is this a subgame perfect equilibrium of the infinitely repeated game?
The special cost structure that is necessary for a firm to adopt a peak-load pricing policy is:
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