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You are starting your own company....Please answer the following questions about your company in 2-3 paragraphs:
What type of company? What is your product or service? Which form of ownership will you use? What are the pros of that ownership? What are the cons?
Will you franchise? Why or why not?
Two countries, Sportsland and Foodland, have similar total quantities of labor, capital, and natural resources. Both can produce two goods, figs and footballs. Sportsland’s resources are particularly well suited to the production
Suppose that an industry cartel wishes to keep a new entrant out of an industry. Cartel members can conduct "predatory pricing", where the cartel lowers its price until the entrant leaves, after which it returns it price to the cartel's optimal (m..
The task is to interpret the following article in the light of your understanding of supply and demand. Where possible you should illustrate your discussion of the changing situations with demand and/or supply curves, indicating values where app..
Consider options on Microsoft stock. Suppose that there are call options with a strike price of $10 and put options with a strike price of $10, both with the expiration date of January 16th. Compute the gross profit (i.e. disregarding option premium)..
Environmentalists discuss that trade liberalization harmful for the environment. The decisions of World Trade Organization in particular have been subject of much criticism.
some financial intisutions may take action to remain profitable because of the lower interest rates. Obviously when the interest rates are lower, companies tend to lose money, because it is cheaper for consumers to pay back loans. Financial stabil..
An agricultural engineer from Whitehall, Wisconsin has discovered a new method of milk extraction that causes less swelling to a cow’s udders, and therefore each cow has a faster recovery time between milking.
Using the circular flow (inner-tube) model for national income, what would be the effect of an increase in taxes, taken alone (that is, all other factors remaining unchanged)?
How many times would this fully insured person visit the physician?
Suppose there are two countries. In the rich country the representative consumer has Hr units of human capital, and total factor productivity is Zr. In the poor country, the representative consumer has Hp units of human capital, and total factor prod..
The relationship between the number of people
explain how a market economy compensates for a market surplus. what about a market shortage? why is price driven toward
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