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Explain why it is a problem for Foxconn, as a global manufacturing supplier, relative to their corporate social responsibility to not properly address human rights violations in their manufacturing plants. Further, how would this affect their partners (Microsoft, Apple, etc.) image? Is their way of conducting business ethical? In terms of long-term economic feasibility would it be viable to operate in the manner that they do?
how does charging the monopoly a specific tax of 10 per unit affect the monopoly optimum and the welfare of consumers, the monopoly and society?
A profit-maximizing firm in a competitive market is currently producing 100 units of output. It has average revenue so $10, average total cost of $8 and fixed cost of $200. what is the profit.
The weight of items produced with a machine is normally distributed with a mean of 8 ounces and a standard deviation of 2 ounces. What is the probability that a randomly selected item will weigh among 6.4 and 8.9 ounces
over the past 12 months the four winds novelty company firm has recorded its internet sales equals monthly output
On average, does an increase in taxes raise or lower real GDP If taxes as a percentage of GDP go up 1 percent, by how much does real GDP change Are the decreases in real DDP caused by tax increases temporary or permanent
bull assume that you were recently hired by a marketing research company.bull you are assigned to a research team to
1. Consider a one-year discount bond that pays $2,000 one year from now. If the rate of discount is 3 percent, calculate the present value of the bond.
suppose you have announced you will meet the competition in response to entry threats by a potential rival who has done
A group of firms in an industry have been accused of engaging in price fixing in Edmonton, but not elsewhere. Describe and explain four methods you might use to estimate the price impact of the conspiracy.
Which years were years of inflation?
Cigarettes are subject to a federal tax, which was about 40 cents per pack in 2007.What does this tax do to the market-clearing price and quantity?
Tanya operates a home business importing sweaters from Peru and sells them from her home. She collects $400,000 in revenue a year, and spends $200,000 on the sweaters and shipping costs, as well as $25,000 on advertising, accounting services and u..
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