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Most of you would be familiar with the four Ps of marketing - Product, Price, Promotion, and Place. The text suggests that ethical issues arise at each stage of this matrix. Explain how this happens. Provide real life examples to bolster your positions. Then dig deep and delve into the reasons why such issues occur. Finally, suggest some solutions to these problems.
How do mandated benefits affect labor market outcomes? Why do these outcomes differ from those resulting from a payroll tax? What is the deadweight loss arising from mandated
Suppose you are given the following Total Product Function: Q=100 K^3/2 L^4/2 M^4/7, where Q is total output or units produces; K, capital; L, labor; and M, materials. That is
In determining the best variables to choose for a linear regression model scatter plots can be used. What is an indicator of a good independent variable candidate for regressi
If your TVOM is 15 percent and your friend’s is 20 percent, can the two of you work out mutually satisfactory terms for a 1-year $3,000 loan? Assume the lender has the money a
Apple has chosen to have the components for the iPhone manufactured by more than 30 companies around the world, as opposed to producing everything itself. Address the three ba
You are the manager of a monopolistically competitive firm. The inverse demand curve you face is P = 50 – 4Q. Your cost function is C(Q) = 10 + 2Q. What level of output should
Consider a country whose national income is $750 Million and whose population is 12.5 million. Assume in this country that the rich are 20% of the population and own 85% of th
The bar exam for lawyers is written by practicing lawyers. Why might having practicing lawyers write the exam limit the entry of new lawyers into the profession? Why might the
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