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In what circumstance may a person be liable as a de facto director and in what circumstance as a shadow director?
q1. discuss the problems of measuring productivity in actual work situations. how might productivity be measured for
The manager of a local monopoly estimates that the elasticity of demand for its product is constant and equal to -2. The firm’s marginal cost is constant at $15 per unit. Express the firm’s marginal revenue as a function of its price. Determine the p..
Suppose your Zimbabwean bank account pays interest monthly with the interest rate quoted as an effective annual rate (EAR) of 50%. (a) What percent interest will you earn each month? (b) Suppose the weekly inflation rate in Zimbabwe is 1%. What is th..
Which of the following is a list of nonrival private goods only? Economic theory suggests that college graduates receive higher wages than those with only a high school education because:
Describe why you think the standard accounting practice focuses on historical cost rather than market value when preparing a balance sheet.
q1. what is the appropriate balance between private and public i.e. government activity? think of a case where the
Indicate the direction of the shift in the supply curve or the demand curve for dollars; the factor causing the change, and the resulting movement of the equilibrium exchange rate for the dollar in terms of foreign currency if the United States exper..
One of the major reasons that foreign expatriates have difficulty doing business in the United States is that they do not understand American slang. A business executive recently gave the authors the following three examples of statements that had no..
Suppose you draw a random sample from a population with a mean of 6 and a variance of 9. What is the standard error of the sample mean if the sample size is 49?
Was the severe shortage for over two years an old marketing ploy called intentional scarcity, in which a company purposely keeps its hot product in short supply to build buzz. Or was it simply bad planning on Nintendo's part?
Explain how does global economic competition impact price elasticity in domestic market and decisions related to strategy a firm uses to compete. Why do most economists oppose trade restrictions.
Suppose the cross-price elasticity of demand between goods X and Y is -4. How much would the price of good Y have to change in order to change the consumption of good X by 10 percent?
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