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Q. Suppose you elasticity of demand for your parking lot spaces are -0.5, and price is $20 per day. If your MC is zero also your capacity at 9 A.M. is 96% full over the very last month. Explain are you optimizing?
Q2. It is always better to hire a more qualified and productive worker then a less qualified and productive one regardless of cost. True or false Explain
Q3. Why did the contraction of United States as well as Japanese economies and the rise in the value of the yen hurt Sony's exports from Japan?
Assume that he marries her the subsequent year. Other things equal, which of the following would be true concerning the reported official GDP the following year.
Explain an economy is initially in equilibrium at the natural level. The central bank increases the money supply.
Describe the international monetary system known as the Bretton Woods system, or the gold exchange standard that existed from the mid 1940s to the early 1970s.
Why all the balance of payments accounts be in surplus. What factors determine the demand for British pounds in foreign exchange markets.
What combination of T and M will you choose? Suppose that the price of day trip rises to $80. How will this change your decision making?
Why does Michael Porter admonish companies will not change his competitive positioning any more regularly than once every four or five years.
Why as a result of rise in exchange rate, the amount of imports fall but not as much as it does when the supply is perfectly elastic.
Dependency theory characterizes countries as being either in the center or on the periphery
Suppose a politician promises a program that will give Amanda and Britney 70 units of utility for each.
Select the most serious disadvantage of globalization (in your opinion) and make at least one recommendation
Illustrate the way in which market forces shape the organizational responses using a range of examples.
Youngstown sold most of its output in the Midwest. Was this fact relevant.
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