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Your brother has offered to give you $100, starting next year, and after that growing at 3% for the next 20 years. You would like to calculate the value of this offer by calculating how much money you would need to deposit in the local bank so that the account will generate the same cash flows as he is offering you. Your local bank will guarantee a 6% annual interest rate so long as you have money in the account.
How much money will you need to deposit into the account today?
Using an Excel spreadsheet, show explicitly that you can deposit this amount of money into the account, and every year withdraw what your brother has promised, leaving the account with nothing after the last withdrawal.
Visit landsend.com and prepare a customized order for a piece of clothing. Describe the process. Do you think this will result in better-fitting clothing? Do you think this personalization feature will lead to greater sales volume for Lands'End?
You have now been exposed to a first set of "behavioral ideas" and how they differ from standard theory. Think about one behavior (or choice) that you encounter in day-to-day life that seems at odds with your understanding of Neoclassical economic..
Is this moral hazard or adverse selection? and Why? Those with health insurance tend to go to the doctor's office more often.
Blotto Brothers Lumber Supply sells lumber to local construction companies. Blotto has estimated that the demand for plywood by home contractors
Identify and justify your opinion of three most important causes of cost increase in healthcare.
How do you describe a target customer group from an organization where there is a of the job that the customer is trying to get done. Need an example
Assume that you have recently joined a firm that makes high-quality waterproof action cameras; these were originally designed to appeal to consumers participating in extreme and not-so extreme sports and recreational activities.
Are there any potential drawbacks to the job-crafting approach?
What are two current challenges faced in operations management and the strategies companies use to address those challenges?
For example, some say they will take their car in for service when they think it's necessary - not when the company sends a reminder.
Discuss the advantages and disadvantages of the use of mobile devices for business operations.
Your favourite sport and pastime is golfing, and you play at least 3 times per week during the season. You need to find a summer job and save some money for you
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