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Foreign trade and foreign exchange
Your company has definitely become a global company in the past 5 years. 40% of your sales are now exported to other countries. You import 60% of the raw materials which go into the production of your product. And you have begun to outsource some of your labor intensive activities to other countries as well. The value of the U.S. dollar has been depreciating versus many of the currencies from countries in which you do business.
Do these macroeconomic factors affect any of your decisions regarding the price of your product or the quantity of the product you are choosing to produce? What other business decisions are impacted as well, and how? Explain.
The BLS estimates that in 2002, the number of working-age adults was 211.9 million, labour force was 141.8 million, and the total number of employed was 135.1 million. Calculate the following:
How does the free rider problem explain why telephone companies are usually successful in getting permission to raise their rates?
Explain is contracting a government service out to some private firm the best way. Does it make economic sense to contract out some government services.
Discuss how rapid inflation can undermine money's ability to perform each of the three functions.
Which one shirts or sweaters, has a demand-elasticity which allow you to increase the price, sell fewer units BUT still increase your revenues.
Illustrtae what situation in which both parties entering into a contract could benefit from slightly ambiguous language contained in the contract.
Illustrate what is the estimated size of the union salary advantage. How might this advantage diminish the efficiency with which labor resources are allocated.
A no of empirical studies of automobile demand yielded the subsiquent estimates of income and price elasticities
Illustrate what do these indicators suggest about the future prospects of Walmart.
Describe what degree of concentration it exhibits. Would it be considered an oligopoly.
Assume if the inflation rate is 5percent is this still acceptable. Provide quantitative justification for your answer.
Briefly discuss and illustrate the circumstances under which the minimum wage would (1) not lead to unemployement, amd (2) not cause a reduction in the total earnings of low-wage workers who are still employed.
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