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Identify an incentive conflict in your firm, or one you have read about, that reduced firm value. As part of your answer discuss whether or not one or more of the legs of the organizational stool wa
Assess the costs involved in cleaning up the water immediately(confessing) versus hiding the fact and possibly paying more in the future. Describe the impact on profitability in both situations.
You are given the following information about an economy: Gross private domestic investment = 40. Find the following, assuming that government investment is zero: Consumption and Net factor payments f
Find the market capitalization of the company. Also, state whether this is a small-cap, mid-cap, or large-cap stock, and explain how you know.
Show that the competitive supply behavior of the typical pizza firm is given by: q = P/4 . (b) If there are 60 firms in the industry each acting as a perfect competitor.
You have worked as a real estate agent for 10 years and are earning about $100,000 per year with your current agency. What is your expected pretax accounting profit from your proposed agency?
If all her time is devoted to clothing and they still want more, then Bill can help with clothing production. What does the household production possibilities frontier look like now?
"When a person has an absolute advantage in producing a good, the person necessarily has a lower opportunity cost of producing it." Is this assertion true or false? Explain your answer.
Supply has increased more rapidly than demand? In which of the three cases, if any, do you think that demand has increased more rapidly than supply? Explain your reasoning.
Use the tools of economic analysis to support your answers. First, identify the taxes you currently pay. Do you think you pay your fair share of taxes? Why or why not?
Evaluate recent national economic policies as they relate to the magnitude of the trade deficit and 6) analyze the arguments for protectionist policies and the effect, if any, upon the trade deficit
Calculate the percentage growth rate in real GNP per capita in each of the years 1996 through 2002 from the previous year, using the definition of growth rate.
Suppose cell phones are available in two basic types: Flashy or Dull. Furthermore, suppose cell phone owners fall into two basic categories: Hipsters or Grannies. What is the probability that any ra
Suppose a microchip manufacturer produces 1 defective chip for every 30 they build. They randomly select 210 chips off the assembly line for quality control testing. What is the expected value and v
On a typical spring afternoon, customers enter a bookstore at a rate of 100 per hour. In a 2 minute period, what is the probability of 1 or less customers entering the store?
A raffle is being held at a school to raise money for the library. The organizers sell 20 tickets. They will select 3 winning tickets at random for prizes. How many different combinations of 3 winni
A proposal was made to increase the housing benefits for new faculty to keep pace with the high cost of housing. What will likely be the long-run effect of this proposal?
Because you have taken an economics course, you sort the buyer values in decreasing order so you can plot a demand curve and you sort the seller costs in increasing order so you can plot a supply cu
What did he mean in microeconomic terms? Would a more viable democratic system add to or reduce the ability of government to operate more efficiently?
The qualities of durability, portability, divisibility, uniformity, ease of recognition, and scarcity. In terms of these six criteria, discuss the advantages and disadvantages of cigarette money in
Golf shirts at traveling pro tournaments, certified gemstones from Tiffany's graduation gift travel packages, or mail-order auto parts? Why or why not?
Calculate a marginal cost and an average cost schedule for the firm. Is the industry in long-run equilibrium at this point?
Nickelodeon down to 12 to 18 percent at NBC and ABC. Provide a Porter Five Forces analysis of each type of network. Why is MTV so profitable relative to the major networks?
Find at least two independent variables that you expect to be correlated with each other and explain why this might be the case.
Jim doesn't want to run the numbers again himself. He wants to use the results to plan for total sales next year. What do you tell Jim about the results of his analysis?