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Question
Do you think that Exxaro can stretch from mining across such a diverse business portfolio? What are the pitfalls it may face and the key ingredients for success?
Suppose that cigarette smokers create a negative externality. Further suppose that the government imposes a tax on cigarettes equal to the per-unit externality. What is the relationship between the after-tax equilibrium quantity and the socially opti..
Consider the utility function U(X,Y)= X.25Y.75. Is this an assumption that more is better for both goods? What is the marginal utility of X? Does the marginal utility of X diminish, remain constant,or increase as the consumer buys more X?
Explain the differences between shortages and scarcity. In answering this question, you should consider the difference between the short run and long run
1. What is meant by each of the following terms: positivism; realism; and interpretivism?
Did Adam Smith's theory of value enable him to resolve the paradox of value? Why or why not? Explain your answer.
The equation for the demand curve for Red Sox tickets is given by P=800-0.01Q^d. Graph the supply and demand curves. What is the equilibrium price and quantity? What is the slope of the demand curve?
Calculate the arc price elasticity of demand for wheat in the two situations below: Can you explain/account for the difference, if any, in the two elasticities?
Relate one effect of agricultural water use on North Carolina's river basins. Relate one conservation strategy that would reduce the effect of agricultural
What are the advantages and disadvantages of free trade for the United States? Be specific in giving examples of how free trade and off-shore manufacturing helps and/or hurts businesses, workers and consumers in the United States.
How might a recession combined with a financial crisis, as occurred in 2008-2009, complicate the job of policy makers?
What is the difference between risk premium vs cost of gamble?
What is your recommended directional strategy for the company's key divisions or business units?
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