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a. What are the effects of innovation and technology on the cost of production? How does technology affect market structure and real-world competition? Which market structure is best suited for technological innovation? Explain your answer. How have technological innovations affected your organization?
b. How do you define social diversity and business ethics? How has a more diversified labor force affected the corporate structure and economy? What are some potential roadblocks in promoting a diverse workplace? Explain your answer.
Illustrate what would be the consumer purchasing response to Coca-Cola if the price of Pepsi doubled.
How much will this consumer be willing to pay for the product if the firm offering the reliable product includes warranty that will protect the consumer? Explain.
Explain how does the money multiplier differ when currency holdings are zero, compared to when currency holdings are greater than zero.
The Hull Petroleum Company and Inverted V are retail gasoline franchises that compete in a local market to sell gasoline to consumers.
Describe the economic causes also consequences of environmental devastation and its impact on achieving sustainable growth and development.
Provide high domestic interest rates, what is the economic outlook for these Asian countries in the next few years.
Prove that a risk-averse von Neumann-Morgenstern perticular will over-insure, fully-insure, or under-insure according as the insurance is available
Using a supply and demand graph, make one shift of wither the supply or demand curve to illustrate the likely result of this action.
Illustrate the notion that people are rational respond to incentives consider an experiment conducted by researchers at St. Luke's Roosevelt Hospital in New York City.
Explain how much should Jet Blue charge for a Business Class ticket.
Elucidate how does the subsiquent impact on the housing industry.
Problem on standard deviation
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