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Q1. In terms of currency denomination, describe how Proctor & Gamble prices its revenue and costs. Consider any two of Proctor & Gamble's operations and the contribution they are making to profit. What means do they use to hedge against exchange rate risk? What do you think would be the effect of increases/decreases in the dollar's exchange value on the firm's profitability?
Q2. Suppose the legislature enacts minimum wage legislation in order to provide workers with a "living wage." If the minimum wage is raised to $13, Explain how many workers will the firm choose to employ?
Do you believe that profit (or shareholders wealth) maximization still represents the best overall economic objective for today's corporations.
When and where did modern economic growth first happen. What are the major institutional factors that form the foundation for modern economic growth. What do they have in common.
Assessing the development of the discipline from today's perspective, how would Keynes's impact compare with that of your candidate.
Suppose that the supply curve of healthcare services is perfectly inelastic. Analyze the impact of an increase in consumer.
Numerous times in the lectures labelling the vertical axis as euro per $ and the initial supply and demand curves labelled with 12/07, Label this initial point as point A.
If most businesses in an industry are earning a 13 percent rate of return on their assets, but your firm is earning 23 percent what is your rate of economic profit
Caught up in broad social and economic disaster that swept the Mediterranean basin during the twelfth century BCE, what seems to have happened to the civilization of people.
What percentage of the total variation in the number of calls is explained by the regression model.
Nevertheless your total unit sales have increased over this period. Assuming rational buyers and no deceptive advertising, how can you account for this.
Then do similar for every of the determinants of supply in Equation 2.2. In every instance, would equilibrium market price increase or decrease.
Business firm that holds a global monopoly on a particular product but is currently selling the product only in its domestic market where its profits are substantial.
Identify your fixed and variable costs at your fast food restaurant, and explain the changes to each of these costs, given the increased demand.
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