Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
a. A TV station wants a documentary about the Australian outback. A freelance reporter is interested and the two parties negotiate. The trip to Australia, the equipment and everything else necessary for the documentary would cost £10,000, which the reporter would have to pay herself. The TV station offers to pay £25,000 for the documentary later. If the reporter does not sell the documentary to the TV station, she could put it on her own Youtube – Channel and earn £8,000 revenue this way. Assume no binding contract can be written. Will the reporter produce the documentary? Explain your answer.
b. What is a problem such as in a) called? What is the economic “loss” that it causes?
c. What could the TV station do in order to make the documentary happen (other than writing a binding contract)?
d. Give two other examples of how this type of problem can be solved generally. Briefly explain your examples.
In Canada, where land is cheap, the ratio of land to labor used in cattle raising is higher than that of land used in wheat growing. But in more crowded countries, where land is expensive and labor cheap, it is common to raise cows by using less land..
Which of the following methods will NOT help managers develop a global? mindset?
When China reformed state-owned enterprises, it tried a new approach to choosing managers: it put managerial jobs up for auction. The bids for the jobs consisted of promises of future profit streams that the managers would generate and then deliver t..
What is dual cut off method of the multidimensional poverty index? based on the three case studies of ' portfolio of the poor' (2009) did you find any poor of Bangladesh, india and south Afirca who suffer from any dimension of poverty? if yes, explai..
Dr. Doug is considering two business opportunities. Both require an initial investment of $200,000. The first will return $50,000 at the end of each of the next six years, while the second will return $35,000 at the end of each of the next 10 years. ..
The price of a good will be driven to a lower price when there is:
Compare and contrast the four market structures. Include comments in regards to price setting for profit maximizing, origination of the market structure, and government responses and/or involvements in each type of market structure.
The vertical intercept for the demand curve is at 500 and the vertical intercept for the supply curve is at 100. Initially, there is no tax on the market, and the airplane sells a quantity of 40 units at a price of $420. But at some point, because bo..
When we look at the issue of the ability of markets to function (hopefully well) what are some of the issues that factor into the fluctuation of markets, both on a domestic and global level? How does this affect us on a daily basis?
In at least three well composed paragraphs, please describe the effect that changes in business taxes, personal income, and transfer payments have on a country’s gross domestic product (GDP).
Define entrepreneurs and describe the entrepreneurial characteristics/competencies portrayed by the character Carl Casper in the movie. In your opinion, what factors lead the main character, Carl Casper, to start his food truck business? Discuss the ..
Consider a perfectly competitive industry in which the inverse demand is given by p(y)=2001-2y and each firm has the following cost function : c (y)=(1/3)y^3+18 for y>0, c(y)=0 for y=0., In the long-run equilibrium, what price will be charged for the..
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd