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Choosing Carnegie, Ford, or Rockefeller, or a more recent major entrepreneur, write a brief essay of 2 pages highlighting the major innovations or new technology employed that created substantial wealth for their companies. Don’t worry about repeating all the facts – I’m familiar with their histories. I want to see your analysis of how they functioned as innovative risk takers
show and explain the equation of exchange based upon the velocity of money. Eventually this model was used to develop a demand for money theory. Why was this model not a good predictor of the demand for money?
Business Depot, of office supply store is opening in Europe and McDonalds is expanding in India. Cigarette packs must carry a health warning. Which are social and self interests?
A firm sells cups in two fake countries, Noland and Yesville. Price discrimination is illegal in Noland and in Yesville. But, the price per cup can be different in Noland than it is in Yesville. Calculate profit maximizing values for:
Justin likes to have chocolate chip cookies and milk for breakfast. When the price of a chocolate chip cookies is $1 and price of a glass of milk is $1, he consumes 10 chocolate chip cookies and 6 glasses of milk each week. hat happens to the MRS at ..
If the US Dollar is equal to 10 Mexicxan Pesos. Then we can say that the US Economy is doing better than Mexico's economy and the US Dollar can buy more than the Peso.
Suppose that the firm suffers a loss of some of their technology such as the theft of their industrial mixers. After the theft, MadeFromScratch employees produce fewer cupcakes than they could before because they must mix the cupcake batter by hand r..
Suppose that the price level is fixed in the short run so that the economy doesn't reach general equilibrium immediately after a change in the economy. For each of the following changes, what are the short-run effects on the real interest rate and ou..
Measure the income of Samantha on the vertical axis and the income of Oscar on the horizontal axis. Draw several of Sam’s indifference curves under the following circumstances. Sam doesn’t care about Oscar’s income, but the higher her own income is, ..
Contrast two or three key economic factors for this country with the U.S. economy, and comment.
There are only two consumers, Bill and Ted, and two goods, apple and bananas. Bill and Ted like apples and oranges. Bill is always willing to substitute 1 apple for 3 bananas. So Bill's utility function is U(b) = 3A + B. Ted is always willing to subs..
In 250 words, consider the five basic methods of payment for international trade. Describe the pros and cons of each. Please read full description.
Discuss envisions of an Information System that could support improve patient health outcomes? Which firms or industries might benefit and gain a competitive advantage from this?
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