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1. ABC was formed in 1996 and hired employees that year. At a meeting in 1997, they expressed concern to an executive that the company was not likely to survive as they used outdated equipment and worked long hours. The executive told the employees that they should stay with the company because it was likely the firm would merge with another company and, if it did, the original eight employees would be rewarded with five percent of the value of the sale or merger of ABC. In 2001, ABC was bought by another company. Seven of the eight original employees were still with the firm and requested their five percent of the sale price. The company refused to pay, contending that the employees were at-will and there was no enforceable contract, the alleged agreement was illusory and, in any case, it violated the statute of frauds because it took more than one year to come into effect. The employees sued for breach of contract.
Determine whether each firm has a dominant strategy and, if it does, identify the strategy - Determine the optimal strategy for each firm.
Using ISLM analysis, explain what would cause the aggregate demand curve to be steep.
q1. prepare the sketch the fourier transform of a rectangular pulse of amplitude 10 v and width 0.1 second that is
Carefully describe what will happen as we move from short run to a long run equilibrium in a monopolistically competitive industry if companies are making a positive profit in the short run.
Describe critically growth maximisation model of morris - Grade Level : Post Graduate Level
What determines the rate of growth in total factor productivity?
In an attempt to increase revenues and profits, a firm is considering a 4 percent increase in price and an 11 percent increase in advertising.
Describe the most important aspects of Managerial Economics for you with respect to the content that was covered or activities in which you participated. Discuss the relevance and value or the practicum assignment with respect to your knowledge ac..
1.Should governments or regulators always attempt to eliminate the supernormal profits of monopolists/oligopolists?
A European consortium has spent a considerable value of time and money making a new supersonic aircraft. The aircraft gets high marks on all performance measures except noise.
How does economic theory contribute to managerial decisions and explain the law of demand. Briefly discuss the exception to the law of demand.
What are contracting costs? Give a few examples of contracting costs. What effect does the existence of contracting costs have on market economies?
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