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Berkshire Hathaway
Develop both an EFAS (External Factors Analysis Summary) table and an IFAS (Internal Factors Analysis Summary) table. The tables are to be submitted in one Excel file (one sheet for the EFAS and one sheet for the IFAS), and a written in MS Word.
The description of both your environmental and internal scanning process, including what factors you considered and why will be in your MS Word file.
Show that, with a linear demand curve, the imposition of a per-unit tax on a monopoly will cause price to rise by less than the tax. Would this be true for a constant elasticity demand curve?
Price Discrimination: Assume that United Airlines knows that it faces the following demand equations and corresponding marginal revenue equations for its (one-way) SFO to Las Vegas route
QuadPlex movie is the only movie theater in Idaho Falls. The nearest rival cenima theater.
Describe your understanding of what makes a cost or factor relevant to economic reasoning.
Assume the economy is slumping into recession and needs a fiscal policy boost.
Explain why should you, as a future employe, be concerned about the downward trend in labor productivity increases that have been observed since the early 1970s.
Discuss the comparative advantage(s) of your selected regional trading blocs. Identify the major risks associated with doing business in the selected trading blocs.
How would you characterize the market for crude oil production? Explain your answer. Explain the long run profit behaviour of firms in this kind of industry.
Explain how much more money has the Fed printed and where is it now. What affect will an increased M1 money supply have in the long-run.
Illustrate what is the
Suppose that natural real GDP is constant. For every 1 percent increase in the rate of inflation above its expected level, firms are willing to increase real GDP by 2 percent.
Explain when we look at the macro economy the similar terms are known as Aggregate Demand
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