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Distinguish between the concept of economies of scale and economies of scope with real world example in case of mergers and acquisition.
Suppose that product prices start rising but nominal wages do not. In that case,
Change is a constant factor in both in our personal and work lives. There seems to be resistance to change whether the change will be good or bad. Why do people resist change?
Opponents of free trade often argue that trade with other countries destroys domestic jobs; it threatens industries that are vital to national security; it inhibits the chances of a new domestic industry from surviving; and that it is only desirable ..
Due to the global economic slowdown, we were benefiting from relatively low oil prices. But because of the instability of the Middle East and the slowing of the global economy we are seeing oil prices fall. But when the global economy fully recovers,..
According to our discussion in class, the price of tuition at for-profit institutions (such as the University of Phoenix) tend to be much higher than people expect. For-profit institutions produce much better outcomes than public institutions, so the..
Consider a labor market where the demand for a particular category of labor is given by the equation LD = 20 – 2W. Suppose that the supply curve of workers in this market who are also native-born citizens is given by LN = 2W, while the supply curve o..
What would be the short-run and medium-run impact of an increase in unemployment benefits (increase in z) on the nominal wage and the real wage?
Assume that his payments and deposits are made annually. What is the value of each of John's two investments at the end of the 30-year period?
Use these "facts" to develop a recommendation to increase IKEA sales in the United States. More specifically, you must:
a. Compute the market equilibrium price and quantity. b. Calculate the price elasticities of each curve at the equilibrium price/quantity.
The following data represent the number of appointments made per 15-minute interval by telephone solicitation for a lawn-care company.
Write one well-developed paragraph that relates an improved understanding of macroeconomics to your life. You may relate how a grasp of macroeconomics knowledge may prove helpful in future coursework, your prospective career/profession, and/or your p..
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