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An analysis of the role of information systems in an organization. Explain why information systems are so important to organizations. Also explain the positive and negative effects information systems have on an organization, and why.
Consider the utility function for a utility maximizing individual consuming two goods X and Y. U (X,Y)= X2Y+15. This person pays 3 dollars for good X and 5 dollars for good Y with an income of 150 dollars. (5Y+3X
q.1let x be a random variable with probability density function fxc1-x2 -1ltxlt10 elsewherea what is the value of c?b
Describe the benefits of gasoline/diesel powered engines compared to various alternatives. Discuss the costs of gasoline/diesel powered engines compared to the alternative. What are the estimates of the elasticity of the demand for gasoline in the sh..
What is liquidity? Why is money the most liquid of all assets? Explain how the fed increases the money supply when it buys bonds in the open market? What are the three reasons that people want to hold money balances? What kinds of employment are asso..
All this is known to both players. Suppose both players behave according to the level-k thinking model discussed in class. Two players simultaneously guess a number.
Can you relate the Classical and/or Keynesian macroeconomic models to assumptions about economic behaviors and to economic policies being implemented in the U.S. economy today?
Hannah and Sam run Moretown Makeovers, a home remodeling business. The number of square feet they can remodel in a week is described by the Cobb-Douglas production function Q = F(L,K) = 10L0.5K0.5, where L is their number of workers and K is units of..
With a focus on the concepts introduced in Granovetter (2005), write a brief (1-page) essay comparing his discussion of the Fur of Sudan and Arab merchants with the description in TechCrunch1 of the tech-funding needs in London and the arrival of Sil..
Suppose that Kristen and Anna can sell all their wristbands for $1 each and all their pot holders for $5.50 each. If each of them worked 20 hours per week, how should they split their time between wristbands and pot holders? What is their maximum joi..
At the end of 2012 the prestigious Rolex watch manufacturer had in inventory of watches worth $725 dollars. In 2013, Rolex produced $333 worth of watches and sold $260. What was the change in inventories in 2013? (hint: careful with the signs, rememb..
For each of the following kinds of insurance, explain briefly what sort of behavior might be encouraged by moral hazard:
Consider a hypothetical economy in which households spend $0.80 of each additional dollar of their after-tax income. The expenditure multiplier for this economy is ____. Suppose that this economy is experiencing a recession. The impact of a one-time ..
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