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A chemical company is interviewing two people to become its risk manager. One has a background of management positions chemical refineries. The other has a background providing risk management consulting services to department stores. Which person would you choose if everything else was equal?
An item is up for auction. Player 1 values the item at 3 while player 2 values the item at 5. Each player can bid either 0,1, or 2. If player i bids more than player j then i wins the good and pays his bid, while the loser does not pay. If both playe..
What are the advantages and disadvantages of using a theoretical model to describe networking? Provide examples to support your thoughts.
Using the Mundell-Fleming-Trilemma, why Ecuador decided to Dollarize the economy?
Suppose an international development bank is deciding whether to use the head-count index or the poverty gap to measure the effects of a countrys poverty.
What is the amount of Frank's monthly payment?
Look at the table Coffee Shops. If the price of coffee is $1.75, show how total producer surplus decreases at any number of cups that differs from the equilibrium number found in the previous question.
Explain the impact the law of diminishing marginal returns has on both marginal cost and average total cost - With the aid of a diagram explain the long run average cost curve and the influences upon it.
Assume that the long-run aggregate supply curve is vertical at Y = 3,000 while the short-run aggregate supply curve is horizontal at P = 1.0 (P = 1.0 is the SRAS Curve, in other words). The aggregate demand curve is Y = 3(M/P) and M = 1,000. If the e..
If Jill's salary increases at an 8% uniform rate, and she continues to invest 5% of it each year, what amount of money is she guaranteed
If the government wants to collect from an ad-valorem tax levied on the consumers that will generate the same amount of tax revenue as a $5 specific tax
What are your views on nationalization of geo-resources that a country views as its national assets, that a private foreign company also views as its private assets?
A friend of yours just bought a new sports car with a $4,000 down payment, and her $25,000 car loan is financed at an interest rate of 0.25% per month for 48 months. After 2 years, the "Blue Book" value of her vehicle in the used-car marketplace is $..
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