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An article in the Wall Street Journal discussed the financial results for BlackBerry, the smartphone and software company based in Waterloo, Ontario: "Revenue tumbled 32% from a year earlier to $658 million in the quarter ended May 30 from $966 million a year earlier.... BlackBerry posted profit of $68 million ... up from $23 million a year earlier."
Evaluate the social-cultural issues that are influencing adverse selection in insurance markets. What are the future implications with the Affordable Care Act?
Implementing the new technology would take two full years. The first year, the company would operate at 65% capacity.
Employee benefits have become more and more an important part of employee compensation. According to the text, what percentage of employee compensation is employee benefits?
What would be very wrong about government unemployment insurance payments failing to rise during a recession?
Presentation to be presented to the CEO's executive committee that addresses how your chosen organization determines what quantity of labor to demand and what events could shift the demand and supply of that labor.
Explain why a hotel manager should understand the theory of peak-load pricing. Explain using the theory of peak-load pricing why price ceilings on the pool price are not efficient.
Identify the fundamental lessons the Ten Principles of Economics teaches regarding:
What is Steven's opportunity cost (in terms of exam questions) of writing one homework problem? What is Steven's opportunity cost (in terms of homework problems) of writing one exam question
The cost function for gumballs is given by TC = q(2v+w), where q is the output of gumballs (in thousands), v is the hourly rental rate for gumball presses, and w is the hourly wage.
Say that technology is relatively labor intensive if it uses more labor to produce the same amount of output than the other technology. Which technology A or B is labor intensive?
Price discrimination requires the ability to distinguish customers who are the most price- sensitive and the ability to prevent arbitrage.
Suppose there are 100 workers in the labor market who differ in their innate productivity. Worker I has a value of marginal product equal to $1 per hour.
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