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1. Evaluate the following statement: "Business is war. Never consort with the enemy."
2. The Long-Drive Golf Company manufactures a new line of golf clubs. The Cushion Bag Company makes a special golf bag that protects the delicate shafts on these clubs. The re- spective prices are Pc and Pb for the clubs and bags. The marginal cost for producing either product is 100. Demand for each product is Q = 1,000 - (Pc + Pb) when Pc + Pb is 1,000 or less, 0, otherwise
How will the two companies price the products if they do not cooperate? What are the resulting quantities and profits? What are the prices, quantities, and profits if the two companies price cooperatively? Explain why there is a difference.
Explain the difference between the short run and the long run as it relates to the firm's production function. Why is this distinction important to a firm's manager?
Postcontractual Information Problems and Agency Costs. It would not be in Sue and John's interest to hire another engineer.
Jaynet spends $25,000 per year on painting supplies and storage space. She recently received two job offers from a famous marketing firm - one offer was for $125,000 per year, and the other was for $105,000. However, she turned both jobs down to c..
Recent entry of private label brand competition is threatening market share and changing long-term relationships between these major brands.
Is this an example, of a Cobb-Douglas Production function and would you suggest this firm merge with similar firms?
If contract promises were not excused because of acts of war, would the clearing and settlements clients of Bank of New York change their behavior?
Prepare a cash flow statement for the Automated Ice Cream Store proposal based on the depreciation and Net Income taken from the income statement given - determine the internal rate of return.
Examine the major effects that government policies have on production and employment. Predict the potential effects that government policies could have on your company.
You work for a compensation consulting firm. Discuss the key factors that will influence your recommendation for each of these three parameters.
In what ways can interventionist industrial policy work with the market, rather than against it? What are the arguments for and against such policy?
1.Assume that there are several chemical firms in an industry,
Calculate the break-even quantity, Calculate the break-even revenue and develop a chart to show profits at quantities.
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