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Stable Inc. is in a relatively stable environment in terms of technology, competition, and regulation. Variance Inc. is in a relatively unstable environment with more frequent changes in technology, competition, and regulation. Both produce the same number of products. Which firm is more likely to be functionally organized? Explain why.
How can adaptive expectations of inflation result in clockwise Phillips loops? Why would these loops not be completely regular?
How much economic profit do you expect that Robert's company will make in the first year - Do you expect this economic profit level to continue in subsequent years?
Examine the common elements of compensation packages. Determine which two elements you believe to be the most motivational to an employee and to you. Support your position. Compare team and individual bonuses and incentives.
1.If an industry regulator adopts an RPI X formula for price regulation, is it desirable that the value of X should be adjusted as soon as cost conditions change?
1.Why will the short run consumption function be different from the long run consumption function?
What additional information would you like to have had in order to ensure that your decision was the right one?
Research a specific company of your choice and identify some of the managerial decisions that were made over time and in response to changes in its market or competitive environment.
Ms. Smith, owner and manager of the Clear Duplicating Service located near a major university, is contemplating keeping her shop open after 4 pm.
What would cause(a) a steep ADI curve; (b) a gently sloping ADI curve? Compare the short run and long run effects of (i) a temporary adverse supply shock and (ii) a permanent supply reduction under each of (a) and (b).
What external parties monitor managers? Assess how these parties performed their roles in the 1990s. Discuss the current pressures on these parties.
Given the total cost function C=q3+5q2-12q-75 write out a variable cost (VC) function . Find the derivative of the variable cost function, and interpret the economic meaning of that derivative.
ABC corporation is a holding company with three subsidiaries. The following information pertains to these subsidiaries:
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