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1) Who has more information in the job market: the job seeker or the potential employer? Why? What information does one person have that the person does not?
2) "All our projects are discounted at the same interest rate," says the treasurer of a large company. Would you dispute the advisability of such a procedure?
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Discuss strategic alliances. How successful are they? Why do firms form strategic alliances? Compare and contrast licensing agreements and franchising agreements. Imagine that you are meeting with your superiors to discuss entering a foreign market. ..
Builders and construction firms expect that the price of copper will rise dramatically in the near future.
The Solow growth model tells us that a flood of immigrants will, in the long run, raise interest rates and reduce wages. In world in which absolute convergence applies, absolute convergence implies that the dispersion of income per person will conver..
A monopoly is considering selling several units of a homogeneous product as a single package. A typical consumer’s demand for the product is Qd = 60 - 0.25P, and the marginal cost of production is $80. Determine the optimal number of units to put in ..
Game Theory (Stag-Hunt Game): N players go hunting; each can choose to hunt either stag or hare, so the set of actions available to each player is {S,H} (S stands for hunt stag, H stands for hunt hare). If all N players hunt S, then each gets payoff ..
What is the effect on the economic well-being of a nation when a tariff is imposed? Consult a newspaper and identify an industry where there currently is a tariff. What is the effect of this tariff on the U.S. economy?
You are the manager of a monopoly that sells a product to two groups of consumers in different parts of the country. Group 1’s elasticity of demand is -2, while group 2’s is -5. Your marginal cost of producing the product is $10. Which of the followi..
Why are there extreme disparities in performance among private equity funds relative to disparities in performance among other asset classes and how would you go about improving your performance?
suppose that a big mac costs 5.00 in new york and sf30 in geneva. suppose further that the price of 1sf on that day is
Explain how do the life-cycle hypothesis also the permanent income hypothesis resolve the seemingly inconsistent pieces of evidence regarding consumption behaviour.
A market in which there are neither external benefits nor external costs is: According to the special-interest theory of government, government officials and policymakers: Scientific research is subsidized by the government because. The forces of sup..
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