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1. What is the profit maximizing and loss minimizing solution for businesses not engaging in price discrimination?
2. How would you expect an attractive and prestigious job to be compensated and what would an economist tell you?
3. What does a competitive capital market do to the value of resources?
4. What is the opportunity cost of attending an economics class?
5. How does price relate to marginal value and total value? What is the paradox of diamonds and water?
6. Work with a supply and demand chart to explain a supply shock.
7. Work with a supply and demand chart to explain a preference change.
8. If you produce pollution, how would economist evaluate your price and output?
Consider the following Specific Factors model. Suppose two countries, Home and Foreign, produce two goods, timber and televisions. Assume that land is specific to timber, capital is specific to televisions, and labor is free to move between the two i..
Find a real world example of a game-theoretic situation, in which one “player” gains by making a strategic move. Briefly describe the situation. Is the strategic move a commitment, a promise, or a threat? What does the player do to make her/his strat..
Converse the positive also negative contributions of FDI inflow to the competitive benefit of host countries with regard to the subsequent matters
"On a supply-and-demand diagram, equilibrium is found"
"In a recent 'earnings call,' a teleconference call to shareholders in which the CEO reports and discusses quarterly earnings per share, Coca-Cola's CEO Muhtar Kent bragged about 'winning' market share from rival beverage company PepsiCo. The WSJ rai..
How much of Nm and Nw can you advise to use, how much M and W will be produced from the levels of nitrogen in (a) and determine the value marginal products of the two enterprises.
Andy’s Online Poker Room is a profit-maximizing firm in a competitive market. What do you expect to happen in the long run? ($500)
On April 1, 2015, a company loans one of its suppliers $53,000 and accepts a 30-month, 12% note receivable. Calculate the amount of interest revenue the company will recognize in 2015, 2016, and 2017. (Do not round intermediate calculations. Round yo..
Give a numerical example to Explain how which a monopolist's marginal income can be upward-sloping over part of its range.
Assume a few years ago you have bought a machine for your company for $25,000. Now it can be sold on the open market for $5,000 and its current BV is $12,000. How much is the opportunity cost of your machine?
Which statement about institutionalization in organizations is most accurate? What was found in research on the effectiveness of self-managed teams? Which process is most likely to occur in an after-activity review? Members are most likely to experie..
The effect of trade sanctions imposed on Iraq limiting Iraq's production of oil after the 1990 Gulf War on the oil market is best shown graphically with a price ceiling below equilibrium price.
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