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Under which conditions would you most likely utilize a decentralized purchasing system? List two advantages that would be gained by utilizing a decentralized purchasing system. This is used where individual units are responsible for their own purchasing. Less bureaucracy is one advantage of decentralization as well as better knowledge of unit requirements
The economy is starting from a point of disequilibrium as there is a recessionary gap. Potential GDP is $600 billion and the recessionary gap is $50 billion. An economic shock then hits this economy and there is a sudden drop in the value of the Cana..
A 10-year, $20,000 bond was issued at a nominal interest rate of 8% with semiannual compounding. Just after the fourth interest payment
How can it be said that the factor-content approach “reveals” a country’s factor abundance? What assumptions seem crucial for making this inference? Explain.
-Your business partner is strongly opposed to your proposal to charge your largest customers lower prices for your web-based services than what you will charge
Several years ago, a man won $27,000,000 in the state lottery. To pay off the winner, the state planned to make an initial $1,000,000 payment immediately, followed by equal annual payments of $1,300,000 at the end of each year for the next 20 years. ..
Christopher notices that his Discover Card statement gives the company’s Web address (Discovercard.com) and directs him there to pay his bills and answer his questions. What e-business strategy is Discover employing with this reference to its Web sit..
How Important is price uncertainty vs. whether prices are expected to simply increase or decrease
1) In the loanable funds model and the neoclassical macroeconomic model
If the hotel room is assigned at random, what is the probability of getting a room on the odd floor.
Then suppose Income increases to 1261 and Pinputs increases to 144. Elucidate how large is the change in the equilibrium price.
a) What is the Marginal Private Cost of The Dumpling House? b) What is the market equilibrium?(price and quantity)
If there is a decrease in demand for lettuce, we would expect:
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