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Legal and ethical issues can arise in any organization. How might these be different? What sort of relationship exists between the two? Provide an example of each from current events. What might the organizations involved have done differently to prevent these legal and ethical issues?
A Los Angeles firm uses a single input to produce a recreational commodity
Illustrate what is the reorder point for part if the reorder point is expressed in terms of the inventory on hand rather than the inventory position.
Unusually good weather which improves crop production also a major oil discovery are examples of unexpected supply shocks in the economy
Discuss several ways in which greater educational opportunities for young women could lead to faster economic growth in these nations.
disposable personal income decrseases by$15 billion and the trade deficit is reduced by $5 billion. Explain by how much have investment, consumption and national income changed.
If Evren wishes to make 25 tons of donuts, how many bakers are required given the current level of capital? How much will it cost to produce this (total cost)?
Suppose that output is $2.2, the natural rate is 4.5%, potential GDP is $2.32, inflation was 3% last year expectations arc adaptive, and the phillips curve equation is pi = pi + 0.5(Y - Y*)/Y*. What will the inflation rate be this year?
If an economist refers to a ‘lemons market,' what should you infer. A. She is referring to a market for fruit. B. She is referring to any market with asymmetric or hidden information.
Illustrate wwhat is the effect on the market for one hour of babysitting services in Middling today.
In developing a vaccine for the SARS virus a pharmaceutical company incurs a very high fixed cost. The marginal cost of delivering the vaccine to patients, however, is negligible (consider it to be equal to zero).
Where Q is the production and V is the number of employees working 8 hours a day
If collusion is not allowed, what kind of market arrangement do you think is likely to result from competitive interactions among these four firms? Calculate the profits of these firms in either case (a and b).
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