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1. How is economics a science?
2. Why do economists make assumptions?
3. Should an economic model describe reality exactly?
4. Name a way that your family interacts in the factor market and a way that it interacts in the product market.
5. Name one economic interaction that isn't covered by the simplified circular-flow diagram.
6. Draw and explain a production possibilities frontier for an economy that produces milk and cookies. What happens to this frontier if disease kills half of the economy's cows?
7. Use a production possibilities frontier to describe the idea of "efficiency."
8. What are the two subfields into which economics is divided? Explain what each subfield studies.
9. What is the difference between a positive and a normative statement? Give an example of each.
10. Why do economists sometimes offer conflicting advice to policymakers?
What do you think would happen to state employment if federal government decided that, rather then passing laws and making states carry them out, it would simply give the states social responsibility for major social programs such as welfare?
Describe the main objectives of the ANBA DRP. Explain the key ways that ANBA's DRP can help mitigate risk in the organization. Defend the need for DRPs in an enterprise organization such as ANBA.
Let's talk about creating a positive work environment. Creating a work environment that is positive and safe can help avoid employee conflicts.
How would you recommend the information on daily sales report, daily call reports, productivity report, pipeline, and sales forecast to be presented to management?
Given what you have learned about employee relations and labor realtions do you think it is possible for an HR practitioner to be an effective advocate for both employees and the organization at the same time? why or why not?
If MKD adopts an accommodative stance, how will the company respond to the media and demands by the government of Belize and environmental groups
Discuss how you could apply the Haddon matrix theory to investigate this accident. You may make additional assumptions about the scenario, as needed, for your discussion.
In a competitive market, the market demand is Qd= 150 - 2P and the market supply is Qs= 30 + 4P. A price ceiling of $16 will result in a shortage of 24 units. Instructions: Show work or Explain how a shortage of 24 units was derived.
answer to business managementshow why budgets schedules and key success factors are essential to operations control and
Respond to the following scenario with your thoughts, ideas, and comments. Be substantive and clear, and use research to reinforce your ideas.
Describe the listening process and its four phase
Eli Mentin has, in any case, joined a condition to the subsidizing. That condition is that Dr. Hayes may not distribute his discoveries until Eli Mentin officials and its lawyers have had the chance to audit them. List the moral issues Dr. Hayes f..
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