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1. Discuss how "market forces" help to reinforce internal governance systems.
2. What is the Sarbanes-Oxley Act of 2002 (SOX)? List its major provisions. Discuss the costs and benefits of the SOX and evidence on whether the net benefits have been positive or negative.
Assume capital is fixed at 16 units. If the company can sell its output at a price of $100 per unit and can hire labor at $25 per unit,
Explain the difference between the short run and the long run as it relates to the firm's production function. Why is this distinction important to a firm's manager?
A perfectly competitive company has the following fixed and variable costs in short run. The market price for the company's product is $150.
The hourly wage rate is $6, hourly rentail rate for capital is $8. The production function I found to be q=10K^.5L^.5 The captital if fixed at 225 hours in the short-run.
Imagine for a moment that you're the general manager of a local, upscale grocery store that is part of a national chain. You've just gotten word from corporate headquarters that all stores must install at least two self-checkout machines.
Dell Computer Corporation, the world's biggest personal computer maker, is keenly aware of everything its rival PC manufacturers decide to do.
Continental Airlines was doing something that seemed like a horrible mistake. All other airlines at the time were following a simple rule: They would only offer a flight if, on average,
What is the labor-intensive good and what is the Marginal Rate of Transformation impact?
Analyze the principal forces acting upon the supply and demand the company is experiencing, using any financial information you feel is relevant.
1.Consider situations where you might consider swapping items with someone. Why are such situations relatively rare? Can you think of circumstances in which this might be more common?
Determine what changes in the relative proportions of labor and materials are needed to operate efficiently - Determine the marginal revenue function
What were the most compelling topics learned in this course - How did participating in discussions help your understanding of the subject matter? Is anything still unclear that could be clarified?
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