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What are some examples of irreversible investments? I know they're investments that have high value only under specific conditions and can't be easily moved, adjusted, or reversed if conditions change, but I don't know what are real-life examples.
A firm produces new pharmaceutical drugs using computers and scientists. Computers cost $10 and wages for scientists are $10. There is also a givernment program attempting t
What Can George Steinbrenner Teach Us About Economies and Diseconomies of scale? From 1972-1976 the Oakland A's and Cincinnati Reds won all five of baseball's World Series Cha
During a coffee-room debate among several young MBAs who recently graduated, one of the young executives flatly stated, “The most this company can lose on its Brazilian divisi
Consider the question of whether the United States should adopt a gold standard, remain in the current float-based system, or use some other system. Consider the impossi
Income from the mining of mineral deposits usually decreases as the resource becomes more difficult to extract. Determine the future worth in year 10 of a mineral lease tha
derive Karls demand curve for beer as a function of exogenous variables (ie income, prices) hint draw his indifferece curves and budget constraint and think about what must
Write an essay of 1,250-1,500 words that describes the change in the interpretation of the due process clause. Discuss whether or not the earlier interpretations gave the be
Consider a small landscaping company run by Mr. Viemeister. He is considering increasing his firm’s capacity. If he adds one more worker, the firm’s total monthly revenue will
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