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1. In a short essay (not to exceed two pages) explain how you see the treatment of internal and external customers. Is one more important than the other? How does this affect “quality” in the organization?
2. Explain why a perfectly competitive market does not reflect a setting of strategic interaction.
3. List at least two ways Starbucks is trying to increase brand loyalty for its product. Explain how these activities help Starbucks maintain its market share.
How can a bank manage its liquidity risk while still pursuing profit?
Consider s market where there are many firms with different cost structures. If demand shift to the left (decreases), the last firm that entered____.
How to calculate supply and demand using surveys and statistical methods; changes in the supply and demand framework that have impacted the healthcare market; changes in supply and demand curves including graphical representations of such changes; an..
The position of the long-run Phillips curve depends on what?
Use commercial bank and Federal Reserve Bank balance sheets to demonstrate the immediate effect of each of the following transactions on commercial bank reserves. Assume that the initial reserve ratio is 20 percent. Federal Reserve Banks purchase $2..
If a firm is very dependent on firm-specific human capital then is should: a)develop programs for sending employees to the local university b) create a extensive internal labor system for career advancement c) offer compensating differentials for har..
Beatriz enjoys writing and uses a large amount of paper. Currently, paper costs 2 cents per sheet. The formula for her demand curve is S = 52500 – 5000PS, where PS is the price of and S is the number of sheets purchased. The governor of her state pro..
The market for autographs including letters o other documents signed by famous people is subject to frequent large price changes as are markets for most collectables.
How might the firm deal with the problems that such a strategy poses?
Isabel purchases a 10-year, 4 percent savings bond with a face value of $1,000 by paying a premium for $1,200. She gets the dividend paid yearly. Determine the rate of return she gets on the bond assuming she keeps the bond till maturity.
Which of the following argues against Federal Reserve Bank independence?
Mark has a preference over Tofu and Ribs described by, U=3R+T, where R is slabs of ribs and T is pounds of Tofu. Graph the indifference curve associated with U=30. The price of ribs, Pr=$4/slab, and the price of tofu, Pt=$1/pound. Mark has $60 in inc..
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