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What kind of problems might occur when an American multi-national corporation tries to expand its business operations to China. Please illustrate your example with a real company.
A manager tells his workers that they must perform their duties in the exact manner and order that he has commanded, with no exceptions. He is using
Examine the market for tickets for popular sporting events through the supply and demand model. Consider the following questions: How often are you able to buy a popular event ticket (for example, the Super Bowl) at face value? Consider the prices yo..
If the demand for money depends positively on real income and depends inversely on the nominal interest rate, what will happen to the price level today, if the central bank announces (and people believe) that it will decrease the money growth rate in..
There is no evidence that the bar owners ever directly communicated. Do you think this is a violation of Section 1 of the Sherman Act?
In the argument for why perfect competition is allocatively efficient, the price that people are willing to pay represents the gains to society and the marginal cost to the firm represents the costs to society. Can you think of some social costs or i..
Assume that you have a budget of $25 to spend on milk and cereal only. The price of milk is. What is the most you can purchase of cereal? What is the opportunity cost of three units of cereal? Graph the budget constraint. Be sure to put the quantity..
How do we ensure that political pressures do not make their way in to the decision making process of the Federal Reserve?
A recent strike by the labor unions, in the U.S., led to a huge change in the working environment. As a result, not only were employees provided better working conditions and higher salary, but also guaranteed long term job security. Would this affec..
If firms in an oligopolistic industry successfully collude and form a cartel, what price and output will result?
Application of Value at Risk (VaR) In this project, you are estimating the 1 month VaR for a portfolio of two currencies. The weight of British pound in the portfolio is 70%, and the weight for Euro is 30%. The market approach is used to forecast the..
Program that will predict the size of a population of organisms. The program should ask the user for the starting number of organisms, their average
How can I for each of the pairs of events perform a qualitative analysis to predict the direction of change in either the equilibrium price or the equilibrium
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