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Write some of the challenges experienced by governments which are associated with globalization? Write some of the challenges experienced by individuals?
Find max number of sq ft of housing he can purchase given stipend? Find max number of movies he could buy?
How is organization dealing with any of the given Drivers of new business enviroment: information revolution, technology, globalization, research internet.
Consider the market where supply and demand are given by QXS = -10 + PX and QXd = 56 - 2PX. Find cost to government of buying firms' unsold units.
Find the quantity demanded if price is $10, income is $9000, and price of other good is $15? Illustrate your calculations.
Estimate overall explanatory power of regression model. Use 0.05 level of significance. Explain all your hypotheses and describe your results.
Draw aggregate expenditure (AE) curve and point out equilibrium value. Find the slope and vertical intercept of AE curve?
Every time the order is placed for more item X, it costs $10. Determine the annual cost for ordering item X?
Prepare the LP model which allows Kevin to maximize his numerical grade. Develop the spreadsheet model for this problem and solve it using Solver.
Instead of the increase in the profit coefficient X1, to $3, assume that profit was overestimated and must only have been $1.25. Does this change optimal solution?
Explain How will government regulation impact decision making? What is meant by benchmarking, and how does it affect economical organizational decision making?
Determine the equation for the LM Curve. Find the short-run equilibrium real interest rate and level of income.
Using Keynesian Cross model, find the equilibrium value of real aggregate income (Y) for this simple economy?
Does the production function exhibit increasing, decreasing or constant returns to scale? Show and describe.
Using IS-LM model, describe and graphically demonstrate result of these two simultaneous policies. Write down brief narrative to support the graph.
What is meant by "Elasticity?" Recognize products which have the elastic demand. Recognize products which have the inelastic demand.
Several rules in Economics are based off of having perfect competition. What is this? What does it mean to have the imperfectly competitive market? Describe with suitable examples.
The supply and demand for one product can affect supply and demand for complementary items. Describe and provide examples.
Do you think other factors like geographic location can influence supply and demand and price elasticity? Explain factors and how you assume they influence housing.
Recognize whether product is price elastic or inelastic. Suggest pricing strategy to increase revenue.
Write down the differences between corporate responsibility and corporate philanthropy? Describe how business benefits when it has the impact on community.
Why would the country eliminate trade restrictions and encourage free trade? Using European Union as example, recognize key changes which took place to encourage free trade.
Explain How will you outsource? Write down the key benefits to the company? Write down risk factors which cause concerns?
Explain the four factors for production which influence the country's standard of living and ultimately person's quality of life.
Recognize and explain three of the five ways we measure the economic performance.