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Taking into account everything you learned in Chapter 2, describe the best and most ethical way to solve the following problem. Tell me why you believe your answer is best. Then describe any problems or issues you can think of with your own solution to this problem. Your answer should be at least 3 - 4 paragraphs. Spelling, grammar and punctuation count. Also, make sure to reference the concepts from the textbook. In other words, I'm not just looking for your opinion.
Problem (based on my actual experience):
Your company has just been merged with a competitor, and you have been given a promotion so that you now have approximately 40 employees reporting to you. You know some of these employees, but not all because some of them came from the other company. You now have to lay off 10 of the 40 employees. Some of the employess have been in their jobs for over 20 years, and some are relatively new. In the last few years, your company made a concerted effort to improve its minority hiring, so many of the new employees are minorities. How should you decide who to lay off?
how should she reallocate her expenditures between the two goods
What is a minimum monthly rent required to make this investment economically acceptable if the company's minimum attractive rate of return is 6% per year, compounded monthly?
The US government could not pass its annual budget. As a result, the US government has partially shut-down: roughly about 800000 federal employees of non-essential services are out of work
Will I be better or worse off as a result of taking out this loan. Can you create a case for legalizing loan sharking.
For depreciation purposes, the purchase cost of the warehouse is divided into $100,000 in land also $400,000 in building. The building is a CCA Class 1 asset also is depreciated accordingly.
When the bookstore announces a 20% price increase in new texts and a 10% increase in used texts for next year, Guojun's father offers him $80 extra.
what should it do to increase profit? If the firm is profit maximizing, is the firm in a long-run equilibrium? If not, what will happen to restore long-run equilibrium?
Illustrate distinguish between the functional distribution and personal distribution of income.
Illustrate what is Consolidated Company's total profit under this condition.
Decide whether the Demand for paint is elastic, unitary elastic or inelastic. Elucidate your reasoning also interpret your results.
People should control water, not corporations. Water is a common resource and we all have an equal right to this precious resource and a responsibility to protect it. Pre-Paid Water Meters: Why they violate human right to water.
Name a specific event to be expected to cause the equilibrium price of ice cream to increase.
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