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Explain the distinction Herman Daly makes between economic growth and economic development. Illustrate with examples. Why does Daly claim only the latter is sustainable?
If the firm's price elasticity of demand is equal to -2 (or 2 in absolute terms) illustrate what price should the firm charge in order to maximize profits
Explain how the joint venture can take advantage of the Polish cultural differences to build a stronger organization.
EPA issued 30 tons of permits to two different utilities. If the utilities had been truthful about what it cost them to mitigate a ton of pollution and EPA had been able to make the marginal benefits and marginal cost equal (balanced). what would the..
Enron will be an example of a dysfunctional company for many years to come. It was clearly a company riddled with fraud and excess.
A couple wants to save for their daughter’s college expense. The daughter will enter college 10 years from now and she will need $45,000, $46,000, $47,000 and $48,000 in actual dollars for 4 school years. Assume that these college payments will be ma..
Explain how would you extend the above narrative to businesses, society as a whole or nations.
Which of the following must be true in an economy with a government but with no foreign trade?
suppose the domestic and foreign interest rates are both initially equal to 4%. Now suppose the foreign interest rate rises to 6%. Explain what effect this will have on the exchange rate. Also explain what must occur for the interest parity condition..
An incoming engineering student (age 18) expects to get a job that pays $53700 per year starting four years from now, and can reasonably expect that that salary will increase at a rate of 3.6% per year throughout his career. If he is planning to reti..
For every of the subsequent goods, indicate whether you expect demand to be inelastic or elastic also explain your reasoning
Solve for aggregate expenditures (AE) as a function of Y, and compute the equilibrium level of national income. Elucidate your equilibrium in a diagram with AE.
Social entrepreneurs generally attempt to create win-win situations and make the world a better place. Is making the world a better place ethically incompatible with making a profit? Why, or why not? Can you identify a firm with a high degree of focu..
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