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Do you think that a manager's job is universal? In other words, is the concept of management the same in any organization (withstanding the obvious differences in responsibilities and duties)? If possible give examples that support your point from any of your own experiences. Please pick a side and support your answer explaining why you are answering the way you are.
US government issues a bond with a face value of $5,000 and a nominal rate of 5% per year payable semiannually. The bond has a maturity date of 20 years. If you want to earn nominal 20% minimum rate return (MARR) per year compounded semiannually, how..
Using supply and demand analysis, show graphically and explain verbally 3 factors that may have led to rising health care costs in the United States from 1960 to the present day.
We suggested above that an annually increasing renewal fee would be an efficient means of setting optimal patent life. Similarly, suppose that owners who wanted to restrict future use of their property had to pay a fee for each year that the restrict..
Using present value analysis math, discuss the cost and benefit of paying for 4 years of college. Make any assumptions you want about the market interest rates. Use math and discuss. Is going to college worth it?
A firm manufactures a product that it sells for $100. It sells 1000 units per week. What is its total revenue? It costs the firm $80 to produce a unit. At its current short-run level of production, a firm’s average variable costs equal $20, and its a..
If your monthly loan payment is $1057 and your nominal annual mortgage rate is 6% for 40 years, compounded monthly, how much total interest will you pay over the life of the loan?
A decrease in demand will cause a (n) With the total cost and total revenue curves, we measure economic profit by the ______ between the two curves. With the per-unir curves, we measure economic profit by a (n) ______.
Upon graduation, Steven purchases a new home theatre system for his apartment.To finance the system, he borrows $5,000 from a new credit card at 21% per year compounded monthly. He fully intends to pay off the loan in 1 year while making monthly paym..
What are some of the differences between the two globalizations discussed in the paper? What evidence do the authors provide to show that trade today is more important than a 100 years ago? What misconceptions about the differences do the authors add..
If when the price of Product E decreases by 9%, this causes its quantity demanded to increase by 14% and the quantity demanded for Product F to increase by 12%, what is the cross-price elasticity of demand? What is the relationship between these good..
Suppose you are a lender. The T-bill interest rate is 1.4%. If you do not lend to a borrower during a round of the experiment, which one of the following would happen in that round?
Suppose that workers can be hired competitively at a wage of $200. Explain how many workers will they hire at this wage.
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