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Suppose a person makes equal deposits into a retirement account for 20 years (with each payment at the end of the year), how much must you deposit each year if the account earns 5% compounded annually and you wish the account to grow to $1,000,000 after 40 years (in time 40)?
Open today’s issue of The Wall Street Journal and look for an article about new moves being made by a corporation, specifically the decisions that are strategic. At what level is each of the decisions that you identified? Functional/Business/Corporat..
Consider the model of team production in which total incomearrow-10x10.png is four times the total amount of effort supplied. there are two individuals on the team and each individuals on the team and each individual i has the utility function u dete..
Consider a firm for which production depends on two normal inputs, labor and capital, that are not perfect complements. Initially the firm faces market prices of w = 10 and r = 8, for labor and capital. These prices then shift to
What impact does the dollar appreciation have on the firm's international competitiveness? What about dollar depreciation?
A news clipping service is considering modernization. Rather than manually clipping and photocopying articles of interest and mailing them to its? clients, employees electronically input stories from most widely circulated publications into a databas..
How, according to Dasgupta, should people in well-developed, functioning economic systems relate to people living in impoverished, dysfunctional economies?
Assume that perfectly competitive firms are employing labor in profit-maximizing amounts. Now suppose that, all else being equal, the market supply of this labor increases. How will the firms respond? How will they know when to stop responding?
In 2014, the Memorial Nobel Prize in Economics went to Jean Tirole. Research Tirole's work and address the following issues in essay form: What was the winner's contribution to managerial economics? What current industries and price making-power issu..
What are agglomeration economies, localization economies, and urbanization economies? How do they affect business costs? Provide examples of each.
Explain what do you think the fact that most American CEOs are paid so much more than rank-and-file employees suggests CEOs are overpaid.
Indentured servitude is no longer legal. An indenture was a contract binding a person to work for another for a given length of time (usually for many years), as an apprentice to a master or an immigrant to service in a colony. Such a relationship wa..
In a competitive market, consider supply and demand elasticities at the point at which supply equals demand. (You may think of these curves as linear and measure slopes and elasticities in absolute values.)
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