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In 2013, the furniture store PB produced 10 mahogany desks. One of them is sold to Jeanine for $3,259, later that same year Jeanine sold the desk to Pamela for $1,802. The remaining desks were not sold to anyone that year and stay in PB's inventory at a value of $1,862 for each desk. How much was added to GDP from the previous it mentioned transactions?
What are some more common restrictions on the activities of multinational corporations in host countries? Your 200 word answer should focus on selecting and organizing your most relevant comments in a coherent fashion
Assume the demand for plastic surgery is price inelastic. Are the following statements true of false? Explain. When the price of plastic surgery increases, the number of operations decreases. The percentage change in the price of plastic surgery is l..
abc company owns a crane with an original cost of 500,000$,with an estimate salvage value of 200000.its life is estimated to be 15years.using straight line method, Compute book value at the beginning of year 9.
Consider the owners of Cutitforme, a small lawn-mowing service. They can use one of two methods to mow lawns. Method 1 is to purchase a tractor that costs $200 a year to own and then spend $1 (for labor and gas) for every acre of grass cut. The total..
Under what conditions are cournot and bertrand equilibria the same? You may assume the market demand is p = a ? bQ. Consider when firms are identical and different. If not, please explain why.
The company you work for recently has committed itself to implementing a program of social responsibility. After the company has gotten the commitment of top executives, planned the program, and appointed a program director, you suggest that a (n) __..
The methodology of combining forecasts is best described as
Discuss the predominant pricing strategy within the video game industry. Make sure to comment on the degree of market power (i.e., the ability to set price) possessed by firms in the market/industry. Consider the role of pricing practices such as pri..
Referring to the concept of entry barrier and explain dunning ideas on strength of multinational enterprise. How would an enterprise take advantage of different levels of innovation? (i.e., of major innovation vs minor innovation.
Suppose a wage increase from $19 to $21 an hour increases the number of job applicants from 50 to 64. What is the price elasticity of labor supply?
Illustrate is the income elasticity of demand for yo-yos. At what price will total revenue realized from their sale be at a maximum.
In the movie Peter says: “It’s not that I am lazy. It is that I just don’t care…The problem is one of motivation.” What kind of problem is depicted in the movie? Is it one of moral hazard or adverse selection? Explain.
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