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Pay and Value
Talk about the pay for the Disney CEO (earned $34.3 million in fiscal 2013) and Tiger Woods (earned an estimated $78.1 million in 2013). Are they worth that kind of money?
Crepe Creations is considering franchising its unique brand of crepes to stall-holders on Hermoza Beach, which is five miles long. CC estimates that on an average day there are 1,000 sunbathers evenly spread along the beach and that each sunbather wi..
In 1988 the US gross domestic product (GDP) increased to $4.90 trillion at year end, from the 1987 year end level of 4.54 trillion in actual escalated dollar values. In the same year, the consumer price index rose approximately 4%. What was the const..
Identify an example in which a firm you are familiar with made a strategic decision that was focused on improving the organization's profitability. How did the market structure in which the firm competes affect the firm's decision-making? If the mark..
The CEO of a publishing company says she is indifferent between the certainty of receiving $7,500 and a gamble where there is 0.5 chance of receiving $5,000 and a 0.5 chance of reveiving $10,000. Draw four points on the utility function of this publi..
In an advertisement for a professional employment organization it was stated: “Outsourcing can be a cost-effective alternative to the expense and administrative burden of a traditional employer-employee relationship.” Evaluate the costs and benefits ..
GDP can increase from one year to the next by: Increases in prices while quantities of goods and services are constant. Increases in the quantities of goods and services produced while prices remain constant. Both prices and quantities of goods and s..
Suppose Jane has a one third chance of becoming disabled in any given year. If she does become disabled, she will earn $0. If Jane does not become disabled, she will earn her usual salary of $60,000. Jane has the opportunity to purchase disability in..
If the maker of a patented drug sells the drug at a price above the equilibrium price, then there
Hicksian demand can be used to identify the substitution bundle following a price change. For simplification, assume that U= sqrt (Qx⋅Qy) , income = 100 and Px = Py = $1.? Given the information above, what is the optimal level of consumption? What is..
NAFTA has now been around for over a decade. Many jobs have been created through NAFTA, and many other jobs have been lost because of NAFTA. Nonetheless, proponents argue that NAFTA is, in the net, good for North America. Find at least one publicatio..
If the U.S. economy is operating near full employment and the exchange rate increases (the dollar appreciates), explain why the Federal Reserve will be less inclined to raise interest rates.
Prepare a Cash budget for the Quarter ending 30th September 2014 and prepare a schedule of cash receipts from debtors for the period ending 30th September 2014.
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