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City of New York was building a new civic center and had a deadline to get a hugh event. They had a contractor doing the work with 60 days to finish. The city's police union was in negotiations with the city and the union wasn't happy with the progress. The union sent a picket line to stop delivery of materials to the worksite. Police officers were supposed to be making sure nothing was held up at the site. What is the principal-agent problem with this? Also, is it a hold up problem for the city or another problem?
Next, suppose that the CAD to U.S. dollar exchange rate moves to $.96 CAD = $1 US. What is the new Canadian dollar price of an iPhone Other things equal, would you expect Canada to import more or fewer iPhones at the new exchange rate
Explain How do economists distinguish between the absolute and relative sizes of the public debt? Why is the distinction important?
Is there fundamental political instability in your country, in the form of civil war, major insurgency or ethnic violence and is there risk of fundamental regime change, such as a shift from authoritarianism to democracy or from democracy to authori..
Explain the relationship between the AC, MC, AR and MR curves at this long-run equilibrium position and does the diagram represent the short-run or long-run position?
Why might a parent company like McDonalds or Hilton choose to franchise its local outlets rather than own them and staff them with employees In many smaller cities all McDonald's outlets are owned by the same franchisee.
As a treasurer of a large United State corporation, you must decide how best to manage the company's cash flows to maximize profits, subject to maintaining an acceptable level of risk.
There has been a shift of emphasis of the consumers of health and human services from professionals and care providers to increasingly include the client system. The stakeholders have increased through participation coupled with the increased volu..
Wholesalers of roses (the firms that supply your local flower shop with roses for Valentine's Day) buy and sell roses in containers that hold 120 stems. The table provides information about the wholesale market for roses in the United States.
Why is U.S. economic growth important to the average American and what is the best way to measure standard of living of the average person: (use unemployment rate, inflation, & GDP in your answer).Does economic growth ensure all members of a societ..
Calculate the price elasticities of demand in each market and discuss these in relation to the prices to be charged in each market.
Assume that the market is explained through the following supply and demand equations, Determine the equilibrium price and the equilibrium quantity.
National Products Company participates in a highly competitive industry. In order to meet this competition and to get profit goals, the corporation has chosen the decentralized form of organization.
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