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1. Global warming and climate change forecasts call for an increase in sea levels which require a Climate Adaptation and Mitigation plan for the Airport's bayside properties. SFO has previously secured the shoreline that is adjacent to the airfield and runways with a sea wall. Yet, SFO must also ensure that all adjacent properties on the Bay Shore are adequately mitigated, including Horseshoe Cove, which is leased to the US Coast Guard; and the adjoining municipal jurisdictions of Millbrae and San Bruno. What strategies would you develop and implement to continue safeguard Airport properties against sea level rise? What effective course of action you would take in protecting and conserving our shoreline properties?
A labor leader has announced that her union will go on strike unless you grant the workers a significant pay raise. You realize that a strike will cost you more money than the pay raise. Should you concede to the wage increase? Explain.
Woodland Instruments, Company operates in highly competitive electronics industry. Prices for its R2-D2 control switches are stable at $100 each.
A drug company produces and sells generic over counter drugs in plants located throughout the country. One of its plants is trying to decide whether to automate a portion of its packaging process
1.Why is it difficult to test the assumption that firms seek to maximize long run profits?
Answer the questions show all work for your answers; be complete; but, concise with your analysis. If you wish to elaborate on your calculations for the ratios, please do so
If the company is currently charging $4 a gallon, is it maximizing profit? If so, prove it. If not, find out the price that maximizes its profit, and compare the profits at the two prices.
Test whether coefficients of capital and labor are statistically significant and what are the labor production elasticity and the capital production elasticity from the regression output.
"A characteristic of oligopolistic market is that, once the general price level is established it tends to remain fixed for an extended period of time." Discuss the economic rationale underlying this phenomenon.
Kate's Katering offers catered meals, and catered meals industry is perfectly competitive. Kate equipment costs $100 per day and is the only fixed input.
Calculate the total expected utility from each restaurant option and compare. Graph is not required. Describe your answer, and show your calculations.
Discuss how organizational architecture and corporate culture are related. Use an example of a real-life firm and discuss how its corporate culture blends with its organizational architecture.
What is the "business judgment rule"? Discuss the economic logic for this legal precedent. What are the major costs and benefits of organizing as a publicly traded corporation?
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