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Choose one question below. Answer in no more than 2500 words.
You are reminded that in answering the question, you should make use of all available resources including the readings under Modules and additional research from online sources.
You should submit an individual assignment and all answers should include a fully sourced bibliography including FIVE additional sources drawn from your own additional research. Failure to do so leads to a 10-percentage point penalty.
1). Examine the core cognitive theories of behavioural economics (e.g. social norms) and how they impact economic decision making. Provide real examples to support your arguments.
2). Analyze the main reasons why governments use competition policies to intervene in markets. Use real cases to support your arguments.
3). "Monopolists are more likely to develop new innovations than firms involved in fierce price competition". Discuss using examples from real business and industry examples.
4). "Economic inequality is the macroeconomic challenge of our time". Discuss. Choose one of these four questions.
What recommendations would you offer to top management at Kodak to preempt or minimize problems with the new reward system?
Which of the following examples is an adverse-selection problem and which is an incentive problem? Explain why. In each case, give one method that the restaurant might use to reduce the problem.
Given output and Total Cost information in the Table below, Complete the following columns: Fixed Costs, marginal Cost, Variable cost, Average Total Cost columns.
Determine the price elasticity of demand. Determine the cross price elasticity of demand. How would you characterize the demand for haddock?
he head of the accounting department at a major software manufacturer ltbrgthe head of the accounting department at a
Write a research paper on a managerial economics topic: Capital Budgeting (Real World Problems). May outline, discuss and analyze existing research findings.
In the Keynesian model, the most important influence on planned consumption is. If planned construction investment increases by $30 billion and the MPC is two-thirds, total output will increase by
What would happen to the equilibrium price and quantity if income and the price of oil were both to increase at the same time? Give a brief economic explanation for why this would occur.
Should firm A produce a smaller share of total output than firm B? Explain - Explain how they compete for market share and what advantage does this type of competition offer firms?
Post the information for at least two years. How does your company perform with respect to these ratios?
How does price discrimination reduce the amount of consumer surplus? By price discriminating the company charges some people a lower price.
Discuss why a firm might want to adopt 360-degree reviews. What are the likely problems with this type of performance evaluation?
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