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Position paper on FIAT AND CHRYSLER MERGER:
The Position Paper will deal with a specific aspect of managerial economics on a topic approved by the instructor. An example is: Mergers and acquisition in the automobile industry. Students should give a critical summary of sources/papers on that topic. Explain why the merger took place, who was involved, how the evaluation was handled, and what is the likelihood it would fail or succeed, etc. The sources could be in conflict to each other or in line with each other. It is imperative that the student involve themselves in the discussion and justify their assessment and opinion
Assume the demand for gasoline is perfectly inelastic—i.e., the demand curve is vertical. If a tax is levied on the producers of gasoline, what percentage of the tax collection would be paid by the consumers of gasoline 0% or 100%? Explain.
Research the topic of how marketers use personality tests to understand consumer behavior. The use of information around psychological traits and demographics can be significantly valuable information to the marketer.
Suppose the production function for pasta is Q = 4kl. Does this cost function have increasing or decreasing returns to scale?
The demand curve facing a monopoly firm is given by the equation P = 1000-5Q. The firm produces at a constant marginal and average cost equal to $100. Using this information, calculate: The profit maximizing quantity; the profit maximizing price; tot..
Suppose Shiva has preferences different from those discussed in class, as indicated by the following: If he consumes more milk (M) than bread (B), then he will always be willing to give up 2 units of milk for 1 additional unit of bread to remain indi..
The elasticity of demand for labor with respect to the wage rate will be less if firms using this labor are experiencing decreasing returns to scale than if they are experiencing increasing return to scale True false why
The optimal price for a monopolist facing different demand curves in two separate markets will be. Which of the following statements is TRUE regarding network goods? Which of the following is NOT a feature of markets for network goods?
John and Daphne have accumulated $15,000 in their college savings account (at t = 0). Their long-run financial plan is to add an additional $5,000 in each of the next 4 years (at t = 1, 2, 3, and 4). Then they plan to make 3 equal annual contribution..
q1. besides elections and campaigns do the major political parties influence public values and ideas? do you think
Two boxers. Brutus and Floyd, are training to fight each other. Each boxer is considering whether to take steroids to improve his chance of winning the fight. What is the Nash equilibrium? Would the boxers be better off if the boxing association bann..
Suppose that a consumer's preference between the good x and y are represented by the utility function u(x,y)= x+y. If these two goods have the same price, describe the optimal consumption choices of this consumer.
Consider an income guarantee program with an income guarantee of $6,000 and a benefit reduction rate of 50%.
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