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Why do many prospective voters choose to watch sports on television rather than watching the news or political roundtables? In your answer, be sure to mention the role played by rational ignorance.
Legal and ethical issues can arise in any organization. How might these be different? What sort of relationship exists between the two? Provide an example of each from current events. What might the organizations involved have done differently to..
One important difference between an entrepreneurs also a manager is which the former gets into a market before demand increases, while the later gets into the market after the shift.
Mini-Fit Solutions is a manufacturer of miniature valves and fittings. Over an 8 year period the costs associated with a certain product line were as follows: What was the company’s Internal Rate of Return (IRR) for the product over this study period..
Social entrepreneurs generally attempt to create win-win situations and make the world a better place. Is making the world a better place ethically incompatible with making a profit? Why, or why not? Can you identify a firm with a high degree of focu..
In contrast, suppose that the CPI was 140 last year and is 132 this year. What is this year’s rate of inflation? What term do economists use to describe this second outcome?
Suppose that for a firm that digs ditches for laying cable or pipeline, backhoes and backhoe operators are pure complements in production, being used on a one-for-one basis. Now consider one such ditch-digging firm that has five backhoes but employs ..
Research and describe the internal and external environments of 2 real world companies using an environmental scan. Determine what competitive advantages each company has and what strategies each company is using.Hoe does each company create value an..
Why would elasticity of demand be important to you in determining the products on which the taxes should be levied".
If government’s expenditure (G) is greater than its tax revenues (Tx) government is said to be running a __________. If there is not change in money supply by monetary policy then this can be remedied by_______________
An alternative requires $60000 to be paid over the course of year 1, $75000 over year 2, and $40000 over year 3. All values are in constant dollars. Using the tables in the chapter, compute the NPV of this alternative.
Explain how can tax cuts help revive the economy.
Explain if the increase in demand results from a large purchase b the Chinese of a new American-made airplane or a large purchase by Americans of new lower priced Chinese-made high definition Televisions.
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