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Evaluate your workplace and identify a group that has "power" in the organization. Analyze why the group is considered powerful.
a. What are the elements that contribute to the group's power base?
b. Is there a perception among employees in your organization that a disparity of power exists between the "powerful group" and other work groups?
c. How can managers minimize the possibility of negative reactions or conflict between groups if the perception of power disparity exists?
Suppose there is a simultaneous increase in the demand for diamonds and increase in the supply of diamonds. Which of the following will occur as a result of these simultaneous events?
Pick a social problem where free markets aren't allowed to function and explain how free market features could be introduced to aid alleviate the problem.
1. consumer surplus is nota. the value of a good minus the price paid for it summed over the quantity bought.b. greater
a.In certain industries, firms buy their most important inputs in markets that are close to perfectly competitive and sell their output in imperfectly competitive markets. b.Cite as many examples as you can of these types of businesses.
answer the following questions using examples and applications from the readings.nbsp justify your answers using
For a developing country to grow, it needs capital. The major source of capital in most countries is domestic saving, but the goal of stimulating domestic saving usually is in conflict with government policies aimed at reducing inequality
Externalities are third party consequence of some other action. They can be positive or negative externalities and they impose a benefit or cost to a third party.
1. graph the consumption and savings functionsc 100 0.6y and s -100 0.4ya what is the equilibrium level of national
Examine the basis for the trends in consumption patterns, as discussed in any article and explain what has occurred to change the demand for, or the supply of, the products, and market prices of those products.
Social Security benefits are increased each year in proportion to the increase in CPI, even though most economists believe that the CPI overstates actual inflation. If the elderly consume the same market basket as other people.
A rental apartment complex for residential use in the City was placed in service by a calendar year company 6 years ago on February 27 for $530,000. The apartments were sold on March 6 this year. A rental apartment complex for residential use in ..
A development of value and distribution theories. Detailed analysis of the reactions of consuming and producing units
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