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The foundation of the selling model is based on ethics. What do you feel is the biggest influencer on a sales person's ethical behavior? Explain your answer.
Assume that the exchange rate between the U.S. dollar ($) and the Mexican peso (P) is pegged at ER=$1/P4.
Use the principles of supply and demand to address a predetermined goal (set by you) in the gasoline market. Be clear on what the current market indicates and why and what your future goal is. We will probably revisit some of your choices in future m..
In a market with free entry and exit, who bears the burden of a tax? Given this fact, how might tax incidence differ in the short and long run? [HINT: Recall how the market supply curve looks like when there is free entry and exit]
Explain, based on the given information about the economy, whether the current situation for the economy is Pareto efficient or not.
What happens to the demand for Sara's sweatshirts in long run. In long run, what happens to Sara's economic profit.
What is the price of the bond if the investor's yield (the "yield-to-worst") is 7.5%?
Explain two elastic and inelastic goods that you have recently purchased/not purchased when the price increased of those products. Please relate your answer to the market characteristics.
There is substantial evidence that people base their consumption decisions more on their current income than on the average income they expect to receive over
Show that if x = y, the MRS for this function depends only on the relative sizes of a and ß.
Consider the problem of the apple farmer. In your own words, explain the farmer’s optimal solution in the free market using marginal cost analysis. How might this solution be suboptimal from society’s perspective? Explain who benefits and is harmed u..
The Microsoft Case Microsoft Monopoly--Why was Microsoft investigated for antitrust behaviour.
Since August, automobile inventories have been rising. Moreover, recent unemployment numbers suggest that European economies will grow more slowly than expected. What direction are auto prices likely to go?
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