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One of the current trends in the business environment is the shift in many organizations to a group based or team based organizational structure. Why is this happening? What do you think are some potential pros/cons of implementing this type of change in an organizations management structure.
What is the rate of return on an investment, if you pay 750 dollars for a bond 2 years after it is issued. And the bond pays you 65 dollars in the end of the year, for 8 years and 1000 dollars in the end of the eighth year.
Consider the following firm with the production function Q=F(L)=2L^1/2. L=labor. Wage w=12. Fixed costs are FC=500(sunk cost). Derive the short run cost function. Graph this function using excel.
What is the current U.S. Fiscal Policy - is it expansionary or contractionary? If the current GDP has declined or expanded over the past 2 quarters at least, which of the tools of fiscal policy would you use to try to rein in the economy and how is t..
A monopsonist faces a labor supply curve given by LS = −300 + 0.01w , where w is the annual salary. What is the lowest salary the firm can pay yet still induce one worker to want to work for the firm? What is lowest salary the firm must pay to induce..
What is the probability (±0.001) that the next customer pays at least $30? What percent of customers who pay at least $30 pump premium? % (Round your answer to the nearest whole number.)
Consider a model of pure exchange with two consumers—Ronald and Mikhail— and two goods. Assume that consumer preferences are convex as in lectures. Ronald is endowed with 5 units of good A and 10 units of good B. Mikhail is endowed with 5 units of go..
The U.S. faces the world price, and domestic suppliers sell as many. Discuss the effect of the tariff on the number of imports.
Select at least five (5) economic concepts covered in the first four weeks' readings, and discuss the primary manner in which these concepts impact the world of health care economics. Some examples of selected concepts are health demand and supply, e..
A Japanese car maker plans to expand its production in the United States. The company borrowed $137,702,482 for this expansion at an interest rate of 8% per year. The loan will be repaid in equal payments at the end of each year over a 15-year period..
q1. y fk l a k0.4l1.0a calculate the marginal product of labor mplb does this production function exhibit diminishing
Customary pricing is: a pricing method where the price the seller quotes includes all transportation costs. setting the same price for similar customers who buy the same product and quantities under the same conditions. deliberately selling a product..
If the world market for crude oil experiences an increase in supply and a decrease in demand, which of the following results is expected to occur?
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