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Imagine you are a manager of a chemical company. An accident has occurred in which chemicals leaked into the ground water nearby, the community is unaware. Assess the costs involved in cleaning up the water immediately (confessing) versus hiding the fact and possibly paying more in the future. Discuss the impact on profitability in both situations. assess the factors involved in conducting a break-even analysis. Determine the conditions that may exist for a manager of this good or service may decide to move forward with operations even with the initial costs of operations is more than the potential revenue.
What kind of shocks could have caused this change to the money demand function? Determine the new interest rate and equilibrium level of output.
According to economist, if savings equal $5 trillion and spending equals $100 trillion, what will investment equal?
Which of the non negativity constraints on x1; x2 will bind for small m? c. Derive for the Marshallian demand functions and the indirect utility function. d. Derive the expenditure function for utility level u.
Explain an organization's staffing practices and selection tools in response to two of following trends:
Since GDP measures the nation's output at current market prices, then if a good or service is not exchanged through the marketplace, it cannot and does not go into GDP A major difference between Classical economists and Keynesian economists is tha..
Keynesian thinking dominated US (and other developed-country) policy-making well into the 1970s, although the "classical" counter-arguments kept up a steady criticism:
Let P and S denote the (constant) costs of permits and the scrubber, and let the discount rate be r and the growth rate of the demand for permits be 0
An illegal cartel has been formed through 3-leading ready mix cement suppliers in the local market. Total costs at various levels of service a day are as follows:
Explain how much utility will the marginal dollar yield.
How would you account for the great divergence that is acceleration of economic development in the West in 19th century while much of the rest of world remained characterized through low rates of economic growth?
Even before the metals and manufacturing companies, US railroads in the 19th century were M-form organizations based on geography. Why might a large railroad be better organized as M-form than U-form
Explain how does the distinction among nominal and real interest rates add uncertainty to the effect of monetary policy on the economy.
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