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Having listen to the Norms vs Results podcast, provide an explanation and example of corporate/managerial shortcomings of this concept -- Norms vs Results. Why is it difficult to overcome the "this is how we do it" mentality? How can an organization structure encourage such innovation? What are the costs? Why is your professor having you listen to such a podcast?
Twenty had a head cold on 1 June 2014, which conferred immunity for 3 months. How many people were at risk of head colds on 1 August 2014?
The steel industry has been lobbying for high taxes on imported steel. Russia, Brazil also Japan have been producing also selling steel on world markets
Sarah's preferences for consumption and leisure can be expressed as U ( C , L ) = ( C - 180 ) × ( L - 80 ) . This utility function implies that her marginal utility of leisure is C - 180 and her marginal utility of consumption is L - 80. What is her ..
Calculate consumption expenditures as a percent of real GDP for all years and calculate GDP growth in 2011 and 2012.
Compute a 99% confidence interval for the estimate of the proportion of voters who were in favor of raising sales taxes.
Local restaurant experienced a high rate of employee turnover at all positions: from entry-level and server jobs, all the way up to shift supervisor and area
Show that these choices are inconsistent with expected utility maximization.
What is the scale of measurement for a quiz? The quiz is defined as the number of correct answers.
Can a monopolistically competitive firm producing a good with lots of very close substitutes earn large positive profits in the long run? Please explain.
Watch the video for the week, read the lecture notes carefully before you answer the question. Should a perfectly competitive firm making a loss in the short-run always leave the market? Why? What about in the long-run?
Preventive care is not always cost-effective. Suppose that it costs $50 per person to administer a screening exam for a particular disease. Also suppose that if the screening exam finds the disease, the early detection given by the exam will avert $5..
What is the process used to separate the change in GDP due to an increased output of goods and services, from the change due to increased prices?
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