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Q1. Identify at least one important Entrepreneur that you would consider an "Entrepreneurial Legend" and state why you consider the person to be (or have been) exemplary. Your reason for selecting the person should include examples of managerial economics and should include other criteria such as social ethics as well as responsibility. Keep in mind to cite your authority and be careful not to plagiarize.
Q2. What should we be doing with Welfare Policy and also Explain why? You are asked whether current antipoverty policy meets three generally accepted goals of helping, minimizing cost, preserving work incentives also what changes you would favor and why.
Expectations and consumer confidence are important in determining fluctuations in aggregate spending. In your opinion, what is the present status of consumer confidence.
Do you believe that profit (or shareholders wealth) maximization still represents the best overall economic objective for today's corporations.
Suppose that there is a unit mass of consumers who are uniformly distributed on the segment[0,1]. Two firms are located on the line and sell identical products.
If the market price of the product is 270, how much output should the firm produce in order to maximize profit. How much profit will this firm make.
Among different market structures, which one do you believe provides the highest possible return for a new company as well as why.
Has the United States become more or less economically free during the past decade? What impact will this have on the future economic growth of the United States.
If each test provides$6 net marginal revenue before labor and capital costs, is expansion advisable? Show all your work and explain your answer well.
The annual operating and maintenance expenses are estimated to be $1,000. If Convington's MARR is 15%, how many years will it take before this machine becomes profitable.
Small minimum efficient scale in assembly operations indicate high or low entry threat in the PC business
Challenge of any merger that raises the HHI by 100+ points in a market where the HHI is above 1800 before the merger.
Evaluate Rusal's prediction by using the demand and supply equations to make a prediction about the movement of world aluminum price.
If the government wanted to achieve the same change in GDP as in part 8 by cutting taxes instead of increasing spending, how large would the tax cut need to be.
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