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Peter Drucker’s definition of entrepreneurship. What are specific aspects of the definition that are important to you? Drucker provided four possible sources of change. What are they? Which one do you think is most important?
Sketch a supply-demand diagram of the US Treasury bond market to illustrate the effects on it of the developments cited in part A. Label your diagram clearly.
If collusion is not allowed, what kind of market arrangement do you think is likely to result from competitive interactions among these four firms? Calculate the profits of these firms in either case (a and b).
Yesterday, the price of envelopes was $3 a box, and Julie was willing to buy 10 boxes. Today, the price has gone up to $3.75 a box, and Julie is now willing to buy only 8 boxes. Is Julie's demand for envelopes elastic or inelastic? What is Julie's el..
A customer is closing operations and has equipment to dispose. Reservation of eqpt, is 250K. There is a .4 chance a buyer will pay 300K and a .25 chance the buyer will pay 350K and a .1 chance the buyer will pay 400K and a .25 chance it will not sell..
A European call option allows one to purchase 2 shares of stock B with 1 sare of stock A at the end of a year. A European put option which allows one to sell 2 shares of stock B for 1 share of stock A costs 11.5. Determine the premium of the European..
Describe the balance of fixed and variable costs for the organization. How can the organization use technology to change this balance for an advantage.
Why might learning by doing decrease the long-run average cost of production?
q1. illustrate what are the effects on the price level p also the nominal interest rate i whenever a credible
An auto producer announces a credible three-year development plan to introduce a car with a revolutionary new engine capable of 100 miles per gallon. Describe the likely impact of the introduction on the price of gasoline during the three-year period..
Assume there are no other countries willing to trade goods, so when there is no trade between these two countries, each country consumes the amount of wheat and clothing it produces.
As far as I can tell, research on the economics of poverty is very empirically driven, and this is probably appropriate. What kind of economic theory has been developed though? I'd also be interested in theory of some influence too. As an example, I ..
You have just graduated from college and received a job offer from a local company as a project engineer. The job pays an annual base salary of $55,000, which is paid at the end of every year. You will receive a salary increase of 4% per year, plus a..
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