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Define and explain the expected value rule and mean-variance rule. How they would be useful to manager in business? Why would a manager choose these decisions to make decisions?
Compare and contrast for-profit and non-profit organizations. Compare and contrast in terms of economic policies.
HI5003 Economics for Business. Cost of production- in any industry in Australia where costs of production are an important issue and analyse what is being done in the industry. May be the industry is switching to technology or/and some substitutes..
Consider two bonds that have the same term to maturity, but one has a Baa rating from Moody's and the other has a C rating. Which will have the higher risk premium? Which will pay the higher interest rate? Why?
For each stock in the stock market, the number of shares sold daily equals the number of shares purchased. That is, the quantity of each firm’s shares demanded equals the quantity supplied. So, if this equality always occurs, why do the prices of sto..
The gains from specialization and trade are based on comparative advantage, which reflects the relative opportunity cost. When countries specialize in producing goods and services for which they have comparative advantages, total production in the gl..
Jane lives in a dormitory that offers soft drinks and chips for sale in vending machines. Her marginal utility for soft drinks (Good X) is equal to 3Yand her marginal utility of chips (Good Y) is equal to 3X. MUx = 3Y MUY = 3X Soft drinks are priced ..
Assume that the labor supply curve to a firm is the one given in Problem 1 above that is, (E=5W). If the firm’s marginal revenue product of labor (MRPL) 240 – 2E, what is the profit-maximizing level of employment (E* ) and what is the wage level (W *..
1. M1 is comprised of currency held outside banks + traveler's checks +
A computer in surface of road picks up a signal from your car and automatically charges you for use of road. Explain how could this technological change contribute to ending bottlenecks and rush hour congestion.
Economists use Gross Domestic Product (GDP) to measure the economic activity and the national income. What are the major components of the USA GDP? Explain the contribution of each component to the GDP with data. What is the difference between real G..
You are a manager in a perfectly competitive market. The price in your market is $35. Your total cost curve is C(Q) = 10 +2Q +.5(Q^2). What level of output should you produce in the short run? What price should you charge in the short run? Will you m..
Define how your current workplace is organized. Describe your workplace in terms of the "clientele network".
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