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Question: Kingsford Charcoal is a good example of how a. diseconomies of scale can cripple a firm b. to get rid of diseconomies of scale c. corporate re-organization can counter shirking d. the Law of Diminishing Returns plays out in a real world setting e. utilizing a large volume of by-products can lead to economies of scale f. reputation effects can create a formidable barrier to entry
Using what you've learned from your readings, and the lecture on "Theory of the Firm I," intuitively explain why firms exist.
Using these data, calculate the average annual rate of change in both real GDP and M2 over this 10-year period. If we assume that velocity was constant during this period, what was the average annual inflation rate?
You need both equations and clearly labeled graphs (separate graphs for each question) to answer the following questions. Assume that b=1/2 and that initially the real interest rate is equal to the marginal product of capital at 3%. As well, assume t..
Conduct an online search related to recent (within 1 year) developments in speech (voice-recognition) technology. Discuss the current status of speech technology as a viable business application
Lolita is a learned and intelligent squirrel. She has decided to set up a stall at the rodent mall. At her stall, she sells the acorns that she collects.
Dr. Robert Reich-What is wrong with economy in a little over 2 minutes! http://www.youtube.com/watch?v=JTzMqm2TwgE . Wealth Inequality http://www.youtube.com/watch?v=QPKKQnijnsM
A farm equipment manufacturer has already spent $3 million in research and development to design a new model of tractor.
Comment on the seven thinking hat method. Do you think it makes sense? Why/why not? Comment on the effect of such language on diffusion of responsibility.
research the responsibility of a critical thinker in a contemporary society. you may choose any topic that deals with
Describe the ultimate goal of the product campaign for the new shampoo - Discuss your methods for achieving goal.
How does price elasticity of demand affect how much of a tax is passed on to the consumer and how much is absorbed by the seller. Show the effect with graphs.
You have recently been promoted from an HR Assistant position to the Compensation Manager position for your firm. Describe the role compensation plays in organizational strategy.
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