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Read article, "Distance Still Matters" by Pankaj Ghemawat and in three paragraphs, write 3 lessons that you took away from the article and how would you apply it to real life.
https://www.business.illinois.edu/aguilera/Teaching/Distance%20still%20matters%20HBR%202001%20Ghemawat.pdf
In a certain kingdom, the demand function for rye bread was q = 381 − 3p and the supply function was q = 5 + 7p, where p is the price in zlotys and q is loaves of bread. The king made it illegal to sell rye bread for a price above 32 zlotys per loaf...
Suppose you were given a choice to select from a menu of items in your employee benefits package. The menu might include medical coverage ($1500 deductable), life insurace equal to a year's salary, vacation time based on length of employment with the..
Given that labor is a resource that needs to be used efficiently, what responsibility do you feel the government has in decreasing unemployment? Does the negative relationship between inflation and unemployment have any impact on your decision? Pleas..
Illustrate what is the value of goods and services purchased by the government of Numidia.
Most of you would be familiar with the four Ps of marketing - Product, Price, Promotion, and Place. The text suggests that ethical issues arise at each stage of this matrix. Explain how this happens. Provide real life examples to bolster your positio..
The U.S. government has a legal monopoly on the printing of U.S. currency. For the sake of this question, suppose the government decides to relinquish its monopoly—the Department of Justice will “break up” the federal government’s monopoly on U.S. cu..
In the real business cycle model, suppose that government spending increases temporarily (i.e.,Gt increases but Gt+1 does not). Determine the equilibrium effects of this using the diagrams of labor market equilibrium and goods market equilibrium.
Explain how meeting-competition clauses may serve as an enforcement mechanism for price-fixing agreements of cartels.
The production function for puffed rice is- Calculate the Q = 1000 isoquant for this production function and show it on a graph. If K = 10, how many workers are required to produce Q = 1,000? What is the average?
44 g of dry ice (solid CO2) is put into a 2.0 L container andthe top is sealed. The dry ice turns to gas at roomtemperature (20*C). Find the pressure increase in the 2.0 Lcontainer. (one mole of CO2 has a mass of 44 g, R= 0.0821 L-atm/mol-K)
Cost Identification Analysis is a process that: The costs included in a Cost Benefit Analysis include all of the following EXCEPT:
Solve the contractors problem given a general input-cost-function. Calculate the optimal combination of inputs. Illustrate the change on the production function in general, you don’t need numbers.
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