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Consider or pick any organization with which you are familiar.
- To build upon our discussion of organizational objectives, I am asking you to explore the motivations of that organization.
- Identify the organization's stated mission (if there is one). What alternative objectives other than profit-maximization does that mission suggest? Can you find evidence or provide examples of efforts the organization has taken to further those objectives?
- Lastly, thinking about the same organization, can you identify an action recently taken by the organization that was aimed towards increasing profits?
-Can you identify any actions taken by the organization that suggest an objective or motivation other than profit-maximization and the objectives you identified above?
Pfeitzer is a monopolist for a new drug that makes people feel thinner. The total cost function is C(Q) = 100 + 12Q + 2Q 2.
David gets $3 per month as an allowance to spend any way he pleases. Since he likes only peanut butter and jelly sandwiches, he spends the entire amount on peanut butter (at $0:05 per ounce) and jelly (at $0:1 per ounce). Bread is provided free of..
Explain using a diagram how a tax cut in period two affects consumption in both periods. Assume that average consumer does not believe that he/she or anyone in family will ever have to pay higher taxes in future to offset current cuts.
Which of the following conditions may make predatory pricing by incumbents rational?
If she limits sales to five, she can charge $21,000 each. She will sell six per week if the cost of buying each motor home from the manufacturer.
a) What level of output will the firm produce to maximize profit? b) What is the firm's producer surplus?
ABC has a proposed project which will generate sales of 182 units at a selling price of $351 each. The fixed costs are $20,028 and the variable costs per unit are $79. The project requires $176,917 of machinery which will be depreciated on a straight..
It has been proposed that a government agency be charged with the responsibility for determining the amount of pollution
“The law of demand says that when the price of something falls, more should be consumed. But when the price of a vacation falls, I still just take one vacation per year.” How does the law of demand fit in this circumstance?
Two students debate about the realism of economic assumptions. Donald is an economics student and Boris is a sociology student
XYZ Company is aware that macroeconomics plays a general role in its organization’s success. Top-level management has asked you to conduct research, and then write a report on specifically what role it should play in its overall success. Management h..
How does lean maintenance differ from the traditional approach under which a maintenance department has the responsibility for all maintenance functions? Which level on the maintenance performance hierarchy would you expect to find a lean maintenance..
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