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Scenario 1: Police While conducting your regular patrol duties as a police officer, you observe a young couple arguing and pushing each other. What are your options for intervention, and what are the possible outcomes of each of these intervention methods? According to the rational model of decision making, what choices do you have for handling the situation? What information do you need in order to make a proper decision? Which option would you choose? Scenario 2: Judge As a judge, you possess the ultimate decision-making authority in handing down sentences to offenders. Your state allows judges wide discretion when it comes to sentencing. At today's sentencing hearing you will determine the sentence of a man convicted of armed robbery. What are the steps you will follow to arrive at a decision? What factors would you take into account when determining the sentence? Scenario 3: Prosecutor You are reviewing the case against a defendant who was arrested for sexual assault on a minor. The defendant's attorney has contacted you and expressed an interest in a plea bargain. What factors will you consider when deciding whether to offer a plea bargain?
What does IPO stand for? What are the primary and secondary markets for stocks? Are there advantages of going from a public corporation back to a private corporation?
Explain carefully why it makes better sense to shut down rather than continue to operate or to continue to operate rather than shut down, as the case may be. How do fixed costs play a role in your analysis
1. suppose the demand for pizza in a small isolated town is p 10 -q. there areonly two firms a and b and each has a
What is the law of diminishing marginal productivity? How does it differ from average productivity?
Find out the total revenue (TR) and total profits in terms of Q. At what level of output (Q) are total profits maximized? What price will be charged? What are total profits at this output level?
suppose you own a restaurant that serves only dinner. you are trying to decide whether or not to rent out your dining
Assume the firms in an oligopoly produce a differentiated product and are initially colluding. If each firm begins to cheat (to increase sales) by underpricing the other firms, as the amount of cheating increases
is stability in the general level of prices through time important? why or why not? should price stability be the goal
joe enjoys fishing amp goes out about 20 times per year. one day sara told him that fishing is too expensive of a
a random sample of 10 economists produced the following forecasts forpercentage growth in real domestic
consider the table below for the neighboring nations of northland and west coast. the table lists the maximum feasible
In an open economy with few capital restrictions and substantial import-export trade, a rise in interest rates and a decline in the producer price index of inflation will
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