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Lynn was terminated by Wal-Mart for violating it fraternization policy by having an affair with a co-worker. Lynn sued Wal-Mart for retaliatory discharge, claiming that he was actually fired because
Your example should be original -- not one from the textbook or my lecture. Make sure response explains how optimal firm behavior will lead to scale and substitution effects. Also explain the import
Explain why the cost structure associated with many kinds of information goods and services might imply a market supplied by a small number of large firms (at the same time, some internet businesses
An employee was suspended pending discharge for sleeping and loafing on the job. The employer offered to change the penalty to suspension without pay if the plantiff would sign a last chance agreeme
You are a designer of children's clothing and decide to open a children's clothing store. You find a nice space in a local mall and agree to sign a one-year lease agreement that runs from September
Suppose that a consumer's future income increases, and the real interest rate increases as well. In a diagram, determine how the consumer's optimal choice of current consumption and future consumpti
Suppose that the government imposes a proportional tax on the representative consumer's wage income. That is, the consumer's wage income is w (1 - t) (h - l) where t is the tax rate, and h is the wo
What are some ways to collect and measure cost in order to perform an estimate of future values What are some of the problems experienced in collecting these data
Suppose production of this good imposes external costs of $10 for each unit produced. Does this cause an over or an underallocation of resources to production of this good
Between October 2004 and 2005, real GDP in the United States increased by 3.6 percent, while nonfarm payroll jobs increased by only 1.4 percent. How is it possible for output to increase without a
Some states are required to balance their budgets. Is this measure stabilizing or destabilizing Suppose all states were committed to a balanced budget philosophy and the economy moved into a recessi
Discuss the differences between unemployment and underemployment and give examples of each. Include in your contribution the differences between fiscal and monetary policy and how each would be used
If you were having a conversation with a Keynesian and a Classical economist, and the conversation turned to why the economy is experiencing high unemployment and what the government should do about
If Michelle devotes all her resources to growing potatoes, she can raise 200 pounts of potatoes per year. If she devotes all her resource to raising chickens she can raise 50 chickens per year. (If
a new hampshire resort offers year round activities: in winter, skiing and other cold-weather activitie; and in summer, golf, tennis, and hiking. The resort's operating costs are essentially the sam
1) Suppose the average variable cost equation for a competitive firm is given by: AVC=10 - 2Q + 0.5Q2 a)At what output is AVC at a minimum b) If the market price of the firm's output is $7 per unit, s
Evaluate how well the design of the First IB web site meets the needs of a potential small business customer. Discuss the elements of the site that work particularly well in meeting the needs of thi
Recently, there have been several consolidations in the economy, the biotech industry being one. With the creation of fewer "Biotech giants worldwide", will this lead to stronger monopoly power, thu
The drought in Oklahoma is causing cattlemen to sell off their cattle herds. How does this affect the supply of beef How does it affect the demand for beef worldwide How does it affect the demand fo
3.Describe the monetary policy tools the Federal Reserve uses to stabilize the economy and maintain price stability. 4.Based on the information you researched from Federal Reserve publications, pres
Take into account how productive each is per dollar spent and make up your own example of the balance between the two and how management can best maintain the balance and employee morale at the same
Briefly discuss the concept of both positive and negative externalities and give specific examples of each. In your explanations of the two, cover the differences, discuss why property rights are an
Determine which type of regulation is used for each of the a. Preventing a merger that the government believes would lessen competition b. The activities of the Food and Drug Administration c. R
Assume that the potato chip industry in the Northwest in 2007 was competitively structured and in long-run competitive equilibrium; firms were earning a normal rate of return, in 2008 two smart lawy
A company is trying to provide goods and services to customers in a balanced customer benefit package CPB. Do you see any conflicts in a goods-producing versus service-providing way of thinking