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Explain the perfectly competitive firm which you have recently purchased the product from, focusing specifically on how it relates to characteristics of market.
Identify the fixed and variable costs at the fast food restaurant, and describe changes to each of these costs, given increased demand.
Using at least two current examples, explain effective supply chain strategies which were used by the company to positively impact organizational effectiveness and yield desirable results.
Using VC industry in U.S as global benchmark for success in launching start-UPs develop strategy. Create grow entrepreneurial sector of country economy.
Why did the perspectives help launch technological revolution led by such companies as Hewlett Packard and Apple?
Briefly explain whether you think this is case from opinions of venture capitalist and entrepreneurs in documentary.
The marginal revenue is $2.75. What would you suggest that monopolist do to maximize profits?
What effect must each of the given have on demand for gasoline in the competitive market? Explain what happens to demand.
The most preferred to least preferred type of shock: positive demand shock, negative demand shock, positive supply shock, and negative supply shock. How would you rank them, and explain why?
The CEO wishes to reject project because it would lower firm's average return and therefore lower firm's stock price. How do you reply?
As quantity of health services provided goes up, does benefit of each additional unit of service become smaller (marginal analysis)?
Provide the example of good which you have consumed for which your marginal utility increased with amount of if you consumed.
Why does law of diminishing marginal utility motivate people to spread the spending across many different types of goods?
Why economists prefer to speak of demands arising out of "wants" rather than "needs"? Describe why economist considers concept of utility useful.
Under what conditions will an increase in the price of a product lead to a reduction in total spending for that product? Why is supply elasticity higher in the long run than in the short run?
Why does the consumer's price elasticity of demand for good depend on fraction of consumer's income spent on good?
What actions has Federal Reserve taken to try to pull United States out of the economic down turn? Have the actions worked? Should FED just print money and try to stimulate economy?
If indeed governments spend more, will jobs created be permanent or temporary? Support the thoughts using tools of economic analysis.
Recognize capital resources for country you selected for the term paper (Phillipines). Are machinery, equipment, and processes outdated?
Both export and import some of same products. If specialization is essence of comparative advantage, why would we import and export same product categories?
Does recycle price offered on Aluminum cans over glass bottles offer these firms and added incentive to become part of the cleanup process?
Why do economists emphasize efficiency as the significant goal of public policy? Why is compensating volunteers to relinquish the seats on overbooked flights more efficient than policy of first-come
Why does loss in total economic surplus directly experienced by participants in market for good that is taxed overstated overall loss in economic surplus which results from tax?
The economic surplus of retirees by $1 million per year. What extra measure might you combine with policy to ensure that overall result is better outcome for everyone?
Describe why you would expect supply curves to slope upward on basis of principle of increasing opportunity cost. Which do you think is more likely to be fixed factor of production.