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Both Hyundai and Nissan made their invesrments in the southern Indian city of Chennai. What is the advantage to be had by investing in the same region as rivals? If Hyundai, Nissan, their suppliers, and other automobile enterprises continue to make investments in the Chennai region of India, how might this region evolve over time? What does this suggest about manufacturing location strategy?
Mutual funds are run by managers who try to pick stocks and charge management fees are examples of active investment. Similarly, mutual funds that mimic a broad stock market index, or index funds, are examples of passive investment. Which of the stat..
Super Cola is also considering the introduction of a root beer drink. The company feels that the probability that the product will be a success is .6. The payoff table is as follows: Success (s1) Failure (s2) Produce (d1) $250,000 -$300,000 Do Not Pr..
q1. imagine a simple economy with only two people leroy and percy. if the social welfare function is wul up and the
q.an economy is described by the following equationsc1800 0.6 y-tip900g1500nx100t1500 y9000a. find a numerical
Assume that you are going to start a small business of your own. Further, imagine that you are able to adequately differentiate your product, or service so that you can establish your business as a monopolistically competitive firm. Describe the busi..
first assume that all us produced wheat is consumed domestically and there are no wheat imports. next assume that the
Explain was the demand for its hamburgers elastic or inelastic. Evaluate the accuracy statement.
Suppose a bank discovers its reserves will temporarily fall slightly short of those legally required. How might it remedy this situation through the Federal funds market? Now assume the bank finds that its reserves will be substantially and permanent..
Comment on the difficulty of calculating opportunity costs (the economic concept) as compared to accounting costs (explicit costs). Do you have any suggestions for making the calculation of implicit costs easier?
Show the effect of a 50 percent tax on interest income assuming the substitution and income effects cancel each other out. Compute and label all relevant values in your graph.
Suppose that between 2003 and 2007, one group of individuals (Group 1) received job training while another otherwise similar group (Group 2) did not. Suppose that the average earnings of the first group went from $40,000 per year to $55,000 per year,..
What is the optimal system of intellectual property rights to encourage innovation? Empirical evidence from economic history can help to inform important policy questions that have been difficult to answer with modern data: For example, does the exis..
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