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Compare and contrast two trade barriers, tariffs, or quotas.
Why would a country set an export quota?
Consider an offshoring model in which Home’s high-skilled labor has a higher relative wage than Foreign’s high-skilled labor and in which the costs of capital and trade are uniform across production activities. Will Home’s offshored production activi..
What analysis might a manager do to learn more about a specific company or industry? Please provide at least three examples. What role does trade have pertinent to how an organization plans strategically?
We all interact with various information systems every day: at the grocery store, at work, at school, even in our cars (at least for some of us).
If a basic input like oil goes up in price by 20 percent and accounts for 3 percent of total costs in the economy, how much cost-push inflation results?
Given the estimate for own price elasticity is -4.5, and the upper and lower 95% confidence intervals are -.5 and -8.5, what is the standard error for the own price elasticity estimate?
A construction manager just starting in private practice needs a van to carry crew and equipment. She can lease a used van for $3577 per year, paid at the beginning of each year, in which case maintenance is provide.
Calculate the net cash flows for the year 0 and the years 1 thru 6. What is the NPV of the project? What is the modified internal rate of return for this project?
Salespeople are typically classified as order getters, order takers, and support personnel. How would you classify the following salespeople?
If inflation in the economy is 2%, what is the present worth in year-1 dollars of the savings over the next 5 years? 10 years? The interest rate is 10%.
Rick sells hamburgers, facing no competition the demand for his burgers is: Q=1000-2P, where Q is the quantity of burgers sold per week and P is the price of a given hamburger. Suppose Rick’s monthly cost is given by: TC= 1000+100Q. What is the value..
A local department store puts out products at an initial price, and every week the product goes unsold its price is discounted by 25% of the original price. If it is not sold after 4 weeks, it is sent back to the warehouse. Let W denote your willingn..
Find the market clearing price and quantity in the market for TVs if market demand is given by P=7,000-20Qd and Supply is given by, P=1000+10Qs?
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