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Select a U. S. company with global operations. Write a 2-3 page paper in which you will respond to the following:
Discuss the firm's activities outside the U.S.
Identify which economic concepts, such as comparative advantage, apply to your firm.
Explain how these economic concepts can be used to address the firm's problems and opportunities?
Identify which economic and political policies affect your firm and explain how they impact business decisions.
How does your firm use technology to strategic advantage?
Discuss the impact of globalization on the firm. Are there any effects on its cost structure, markets, currency risk, and overall strategy? Be sure to provide a definition of globalization in your answer.
There are many brands of laundry detergent, all equally effective. Would you expect the elasticity of demand for any particular brand to be high or low? Explain.
1. Explain the difference between general-equilibrium models and partial-equilibrium models. How are the numbers of endogenous and exogenous variables related to whether a model is a partial-equilibrium or general-equilibrium model?
Write the model in matrix form and determine the equilibrium values of national income, consumption, and investment.
What is the size of the government budget surplus associated with your answer - What does it mean to say that truthful revelation of preference is a dominant strategy in this case?
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The owners of a small manufacturing concern have hired a manager to run the company with the expectations that (S) he will buy the company after five years. The goal of the owners in making this hire is to find the appropriate manager that will incre..
which of the following examples is an adverse-selection problem and which is a moral hazard incentive problem?nbsp
Clothing market production costs have fallen, but the equilibrium priceand quantity purchased have both increased. Based on this information you can conclude - Economies of scale exhausted atrelatively low levels of output?
What should it charge for group 2
What market structure have you entered, and why - what can you do to guarantee success in market?
What is the opportunity cost of increasing the annual output of corn from 800 to 1000 pounds and what is the opportunity cost of increasing the annual output of corn from 200 to 400 pounds?
As Malcolm Gladwell points out in his article "High Prices," increases in drug spending are more the result of increases in drug utilization then in increases in drug prices. Why is this relevant to the debate over whether something should be done..
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