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Consider the following hypothetical story: Last spring, there was an outbreak of a nasty disease known as cyclosporiasis, which was eventually traced to Guatemalan raspberries. Together with some other incidents, this led to a demand for tougher controls on imported produce. A few weeks ago, the minister of trade and industry asked for legislation that would allow him to ban food imports from countries that do not follow adequate sanitary standards in agriculture. Intellectual opponents of globalization optimistically noted a double standard: We're willing to seize shipments of foreign berries to protect yuppie consumers (the sort of people who eat raspberries out of season) from inadequate foreign sanitary standards, but why aren't we willing to protect S.A. workers from inadequate foreign labor standards in China? Do you support the minister of trade and industry's request or do you agree to the double standard argument by the intellectual opponents of globalization?
Suppose Fiat recently entered into an Agreement and Plan of Merger with Case for $4.3 billion. Prior to the merger, the market for four-wheel- Drive tractors consisted of five firm
WHAT ARE THE FORMS OF COST FUNCTIONS?
explian williomson model of managerial discretion
Let consider the following game among an employer (Katharine) and an employee (Kevin). Katharine needs Kevin to work hard rather than loaf around and that is why she considers spe
What is Normative economics It is concerned with varied corrective measures which a management undertakes under different circumstances. It deals with goaldevelopment, goal det
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Explain the concept of externality in economics? Give one example of a positive and a negative externality in Australia.
b) Discuss the validity in Zimbabwe of the grounds on which the profit maximising model of the firm has been defended.
A baseball team is trying to predict ticket sales for the upcoming season. They are also considering increasing prices. The market has a population of 2 million persons. The team s
Write on one theory of profit. Profit as rent of ability: one of the most widely known theories of profit was propounded by F.A. Walker. According to him profit is the rent of is t
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