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Nike once famously claimed that they are a marketing company not a manufacturer, and thus they can not be held responsible for the actions of other companies that produce the goods that Nike sells. To what degree should Apple be held responsible for the actions of Foxconn in China? To what degree should Foxconn be held responsible for the actions of security guards at their plants when those guards are hired by independent security firms?
Presume that Kim K decides to spend $30,000 on an American made purse instead of donating it to Haitian earthquake relief. Suppose that the multiplier is 1.2. How much will GDP rise when Kim K buys her purse according to the multiplier effect?
To mitigate agency problems between senior executives and shareholders, should the compensation committee of the board devote more to executive salary and bonus(cash compensation) or more to long term incentives.
The market for corn is currently in market equilibrium. Graph this situation. On your graph show what happens to the quantity of corn and the price in the market as the use of ethanol fuels becomes more widespread at the same time that a drought d..
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During the most recent election campaign, the conservative party has argued that government can reduce the marginal tax rate in order to raise tax revenue. Why are most economists skeptical about this argument?
If the Market for Lemons describes the traditional market for used cars what happens to the quantity of cars bought/sold under the following conditions? a. The traditional market for lemons. b. Car dealers become sellers of used cars?
A five-year-old gadget has a current book value of $203,000. It has been observed that the gadget loses it value over time in a manner that can be best captured through the use of the declining-balance method.
A monopolist faces the demand curve Q = 60-P/2. The cost function is C=Q2. Find the output that maximises this monopolist’s profits. What are the prices at profits and that output? Find the elasticity of demand at the profit maximising output.
An individual who is employed part time, but is looking for a full-time job, is classified as:?
Describe the ways in which the government provides a safety net for banks. How has that safety net evolved over time?What four main factors determine whether a bank merger or acquisition will be allowed?
a selfless person approaches jones and smith with a 100 bill and offers to sell it to the highest bidder but the
Using a supply-and-demand graph and assuming competitive markets, show and describe the effect on equilibrium price and quantity of the following: Increased graduations of new doctors on the market for physician services
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