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Pick an entertainer or well know celebrity (sports – Music – Movies). Find out their income and net worth. Pick a fortune 1000 company executive of a manufacturing firm. Contrast their incomes and net worth and contribution to GDP, exports, employment. The artist I choose is Prince
When traveling to other countries for business, it is important to know the male/female roles in each country. Not knowing these roles could cause problems in discussions and negotiations.
The following information describes the value Lori Landlord places on having her five apartment houses repainted. She values the repainting of each apartment house at a different amount depending on how badly it needs repainting. Value of new paint o..
Game theory focuses on, "more elastic" means, Which of the following is an example of a normative statement?
What is the cost of regular unleaded fuel in your town? What are some contributing demand and supply factors to the differences in fuel prices around the country? Think of an externality in your community. Explain what type of externality it is. How ..
You owe $1000 on your credit card. The APR is 24%, compounded monthly. The credit card company indicates that your minimum payment is $22.44. If you make only the minimum mouthy payment, how long will it take for you to repay the $1000 balance (assum..
PC-World is a U.S. manufacturer of personal computers. The CEO is looking at opportunities for off-shore production. According to the CEO, a low wage country will give the company a cost advantage, while a high unemployment rate will mean that there ..
If inventories unexpectedly rise then production _____ sales and firms will respond by______
The Southwire Company is North America's leading manufacturer of wire and cable. Southwire maintains and publishes manuscripts detailing the organizations commitment to ethics. The manuscript can be accessed via the company website and through pri..
Explain what negative externalities are, and why there may be a case for government intervention to address them. Describe some of the ways to correct the negative externalities and the pros and cons of each method. Provide real life examples.
Compute the percentage that alter in quantity demanded of plane rides and train rides.
Consider the following strategic setting involving a cat named Baker, a mouse named Cheezy, and a dog named Spike. Baker’s objective is to catch Cheezy while avoiding Spike; After Spike moves, the game ends. In this game, how many information sets ar..
Assume the interest rate is 5% per year and a business expects to earn 50,000 dollars in profits at the end of each year forever. What is the value of the business?
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