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1. What is the best practices frontier? How does this relate to competitive advantage?
2. Explain why rent seeking competition tends to dissiapte rents-to drive them down so that there are no abnormal rents?
3. Jack Welch is heralded as a great leader of General Electri (GE). His strategy to acquire companies in different lines of business based on the requirement that each business in GE was to become #1 or #2 competitor in the industry is touted as being particularly brilliant. While very successful, could there have been a fundamental flaw in Welch's strategy?
4. What type of compensation policy would you expect to observe in an indutry with rapidly changing technology?
Redstone's manager is fired, and you are now the manager of Redstone Clayworks. How many fire pits would you choose to produce and why?
can someone please help me do a ppf graph as well how to get the following calculationscorn
How does an increase in disposable income affect the consumption function? How does an increase in expected future income affect the consumption function?
Assume a monopolist faces the following demand curve: P = 180 - 4Q. Marginal cost of production is stable and equal to $20, and there're no fixed costs. What is the monopolist's profit maximizing level of output?
what are the problems with inflation itself? be specific. is the real inflation that consumers have in their real-life
Suppose that a market is described by the following supply and demand equations: Qs = 3P, Qd =400?P Solve for the equilibrium price and the equilibrium quantity.
If a non private company requires its employees to believe and pledge that they have Christian beliefs even if they are not Christians in order to be hired, which type of validity process is being violated criterion-related, construct, or content val..
1.Suppose in the short run a perfectly competitive firm has variable cost = 6q2, and MC = 12q where q is the quantity of output produced. Also, the firm has fixed cost F = 6144.
figure describes the costs and benefits resulting from different sizes of a ski resort that is being planned in a
In your opinion, should economic tigers be feared or tamed?
Philips Curve: Assume an economy recently suffered a demand shock and is currently in a recession. Assume that in response to a recession, there is a large boost in government spending
assume the demand curve faced by a monopolist is given by the following tableprice demand total revenue marginal
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