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What steps did Textron take to make sure its new ERP system was successful? What were the benefits of the new ERP system? How did it change operations and decision making?
Draw a market with a negative production externality. What kind of instrument (policy) do you use? What's its magnitude? What does the policy lead agents on both sides of the market to do?
The expansion will cost $60 million and will be financed with $40 million in new debt initially with a constant debt equity ratio maintained thereafter.
In 1981 Andrew Carnegie asserted that "parents who leave their children enormous wealth generally deaden their children's talents and energies and tempt them to lead less productive lives." Evaluate this statement using the labor-leisure model and ex..
Utility is given by the function U(x,y) = (x + 2)^0.6y^0.4. Income is I and the prices of x and y are respectively Px and Py. Solve for the optimal quantities of x and y. Are corner solutions possible?
In the former Soviet Union, producers were paid for meeting output targets, not for selling products. Under those circumstances, Illustrate what were the economic incentives for producers.
Consider Hastur, an author promoting her new book, The King in Yellow. Will Hastur compete as a monopolist, an oligopolist, or a monopolistic competitor? Why? Given your answer to (i), would you expect Hastur to sell her book at, below, or above marg..
A new health minister proposes to distribute an apple a day for free to every citizen. To be effective the legislation states that the free apples may not be traded or sold. Explain why this “no trade” policy would be inefficient.
How might you use good economic reasoning to advise us on how to manage the future of this COVID crisis and future crises?
What is the Standard Deviation of the sampling distribution?
Why have the Iranians to thank for teaching Iraqis how to make Explosively Formed Penetrators (EFPs).
Briefly explain why a change in the price of coconuts does not change the demand for coconuts and a change in the supply of coconuts does not affect the demand for coconuts.
q1. a nation has a population of 260 million people. of these 60 million are retired in the military in institutions or
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