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Q. 1. One of most important skills to learn in managerial economics is ability to identify a good business. Discuss at least four characteristics of a good business.
2. Identify and talk about at least four companies that you regard as having characteristics listed here.
3. Suppose you bought common stock in each of four companies identified here. Three years from now, Explain how would you know if your analysis was correct? Illustrate what would convince you that your analysis was wrong?
Elucidate which of the following events would cause the price differences in these letters to get smaller.
Elucidate what is the best form of business organization to select based on various considerations, including taxes, liability, capital contributions, sharing of profits adn losses, management and control, and survivorship
Everyone's Gasoline Problem. We are all familiar with fluctuating prices of gasoline at the pump. Explain why does this happen.
Illustrate what would be the effect of poor weather on the consumer surplus, producer surplus, deadweight loss.
If a country desires to have stable prices (or low inflation), why not simply pass a law that prohibits firms from changing prices? Elucidate pros and cons associated with this case.
The United Nation's Department of Economic and Social Affairs, Population Division, tracks the total number of foreign-born people by nation.
Explain whether or not you believe modern media is an effective check on government action.
Suppose that Congress enacts a lump-sum tax cut of $750 billion. The marginal propensity to consume is equal to 0.75. Assuming that Ricardian equivalence holds true, illustrate what is the effect on equilibrium real GDP.
you relate concepts in this week's readings to a prior real world experience. Experience does not necessarily have to be work experience. Examine market equilibrating process in relation to your experience.
Elucidate reason for both wage and cost rigidities including policy implications for se rigidities. Would you conclude on se reasons suggested by New Keynesian economists as relevant to unemployment situation in South Africa.
With Australia going through a long-lasting drought in the first decade of the 21st century, serious concerns were raised about the possibility of running out of water.
A county is considering using a piece of park land for one of two alternative recreation projects.
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