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Which of the following is NOT an example of controlling risk?
A. Training employees in safety so they don’t have as many accidents
B. Selling your company so you don’t have to deal with all the risks associated with it
C. Maintaining regular communication with customers so they don’t switch to your competitor
D. Providing incentives for your employees to exercise regularly in order to maintain or improve their health.
Jim sees commuting by bus and T as perfect substitutes (U = T + B), that is, he would exchange one commute by bus for one commute by T. The price of a bus ticket is $1.50 and the price of a T ticket is $2.00. Jim has $6.00 to spend on commuting. (a) ..
Explain how would a citizen whose income is in the bottom one percent talk about scarcity and trade-offs.
A firm in a truely competitive mkt discovers that the price of its product is above its minimum AVC point but everywhere below its ATC. Then the firm: A) minimizes losses by producing at the minimum point of its AVC curve B) maximizes profits by prod..
Describe the relationship of race, class, and gender and its effect on health and mental care delivery in the United States. What steps could be taken to guarantee that all have the same access to the appropriate health care? Should funds be made ava..
q1. will each of the following increase decrease or have no effect on the natural rate of unemployment? explain your
Nash equilibrium is:
If prices of x and y are doubled while the income remains the same, the budget constraint:
A university has a fixed number of parking spaces for students on campus. They are currently sold at a price that clears the market. Suppose there is a proposal that the price should be lowered and a lottery held to determine who may park on campus. ..
Domestic produces often base their claim for import protection on the fact that workers in country X are paid substandard t wages.
The graph also shows the marginal revenue curve faced by this firm. Elucidate how much profit does the monopolist earn.
You plan to borrow $5000 to buy a car. The bank advertises two car loan plans with different nominal interest rates (APRs) and pay-offs periods. Plan A loans the money at the effective rate interest of 12 % compounded monthly, to be repaid over the n..
Suppose that two people, Mary and John each live alone in an isolated region. y each have same resources available and y grow corn and raise pigs. What is John' opportunity cost of producing corn.
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