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It is estimated that over 5 billion devices are connected to the Internet today. In the next 5 to 10 years, estimates are between 15 and 50 billion. The following list represents a sampling of the types of devices that can be connected to the Internet. Consider the different types of devices that can be on a network, the different business value they may provide (if any), and any security concerns and mitigation strategies associated with them. This may be an enterprise level organization or a home office.
Discuss why demand curve faced by a Perfect Competitor is assumed to be perfectly elastic and that of a Monopolist less elastic.
The Republic of Ireland (what most of us refer to as simply Ireland), is an independent country but borders on Northern Ireland; the two countries make up the entire Island on which they exist. If you were the head of Great Britain’s Central Bank, an..
A farmer’s field grows 30 bushels of corn and 10 bushels of beans. The farmer can either consume these crops herself or trade them, with one bushel of beans being traded for one bushel of corn. Graph the farmer’s budget which is the possible combinat..
Information Security is an important and growing field in eCommerce. Cybercriminals continue figure out new ways to steal, deface and antagonize businesses. Businesses arm themselves with professional security people and programs to protect their cus..
Identify the area that represents producer surplus. (b) Describe briefly in words how a price floor can cause a “deadweight loss”.
Suppose that Taher's pizza business operates under competitive conditions and that his short-run production function is q=20^E. Once again assume w = $6 but suppose the government imposes a tax of 25% on each dollar he pays his workers, to cover thei..
In the 2016 presidential election, the candidates seemed very concerned over the United States not being treated fairly in trade deals like NAFTA and TPP.
Romans utility function os U(x,y)=6xy. The prices of goods x and y are $12 and $15. The indifference curve is tangent to his budget constraint, where he is consuming 20 units of good x. How many units of good y must he be consuming?
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..
Compare and contrast the global marketing strategies of Samsung, Sony and Phillips after listing two or three elements of each company's global marketing strategy.
"Neither monetary policy nor fiscal policy alone can be effective in formulating sound economic policies for recession." Do you agree or disagree?
Consider the economy of Lewisville, which is just beginning to industrialize. The economy was entirely reliant on corn production until now. There are 100 identical families each farming their own land. Each family has 6 members who participate equal..
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