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"National Income Accounts is not considered a very accurate indicator of the standard of living or well-being of an economy". Explain this statement?
Explain in one or two paragraphs why innovation is at the heart of creating and sustaining competitive advantage for firms. You need to mention the interrelationships between innovation and productivity
Why should companies value diversity now? What are the benefits? What are the characteristics that make us different? Should these diverse characteristics be embraced in the workplace? If so, why or why not?
Walmart's Recession-Time Pet Project During the recession, Walmart moved its pet food and supplies to the front with its other fast growing business.
If a firm sold $700 worth of goods which cost $1,000 to produce: A. national income would no longer equal GDP. B. the firm's loss needs to be subtracted from final sales so that income and output are still equal.
You work for an online retail store. Your website is your source of e-commerce and represents about 50%-60% of your yearly sales. You are asked to conduct a quantitative risk analysis for your boss. She wants an idea of what it would cost the company..
Aside from maximizing profits, assess the factors that managers must consider when making the decision to outsource or integrate forwards or backwards considering which factor would be most influential for decision-making.
Illustrate with two examples how the U.S. has restrained trade over the past 60 years and state why you think that happened.
Identify the different types of risk that a business might encounter in the marketplace and identify whether they are controllable or uncontrollable.
A firm makes two products, x and y. Inverse demand for each shows that pricing in one market depends on sales in the other according to the equation:What bundle of products (x∗ , y∗ ) should the firm produce.
ECON 321- What are the 3 most important concepts, ideas or issues in the reading? Briefly explain why you chose them. What are the 2 concepts, ideas or issues in the article.
what impact would a change that shifts an economys production possibilities curve outward have on the long run
What is the equilibrium price and quantity for oven mittens - What will happen to the demand curve for the product
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