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Questions:
Are there different ethical risks an entrepreneur faces if entering a market in a developed country as compared to a market in an undeveloped country?
Identify those ethical risks.
What recommendations would you make to such an entrepreneur about ethical risks?
Taiwan and Jamaica are both islands that have pursued export-oriented development strategies, but Jamaica has experienced increases in unemployment and poverty, while Taiwan has experienced decreases. How might you explain this?
Describe each market structure discussed in the course (perfect competition, monopolistic competition, oligopoly, and monopoly) and discuss two of the market characteristics of each market structure.
What methodologies are used in the study published by LeBlanc and Nguyen (1999) - Is the following alternative hypothesis set for a two-tailed or a one-tailed test? What would be the null hypotheses?
The problem in economics in price theory deals with deriving maximum marginal utility and marginal rate of substitution and price elasticity of demand.
Pick a nonprofit organization with which you are familiar and believe the organization should be re-positioned to serve its core clientele better or a new clientele altogether. Identify the organization, its current position, and your recomme..
In the linear breakeven model, the difference between selling price per unit and variable cost per unit is referred - Evidence from empirical studies of long-run cost-output relationships.
What is the appropriate balance between private and public (i.e., government) activity. Think of a case where the government has intervened (or it was suggested that government intervene) in a previously private market
Suppose the demand for gizmos is given by the following expression: P=20-5QD +4 I (Income) In this expresiion, P is the price gizmo, quantity is given in millions of units, and I is income.
Having a little trouble setting this problem up. Would appreciate the detailed set up and solution. A production function has 2 inputs - labor and capital. Both are perfect substitutes. Existing technology permits 1 machine to do work of 3 workers..
Suppose if the public's demand for United States currency increased by $100 Million what action in the "open market" would the Fed have to take to prevent bank reserves from falling?
An end-of-sale price promotion changes the price elasticity of a good from -2 to -3. If the normal price is $10, what should the promotional price be?
Labor hours required to produce one unit of cloth in the united kingdom is 6. The labor hours required to produce one unit of cloth in the united states is 5. Which country has an absolute advantage of producint wheat In producing cloth
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