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What advantages do you envision in using this matrix in analyzing product lines? Have you used this tool before? If so, what have you seen as advantages and/or disadvantages?
Draw hypothetical supply and demand graphs for men and women to both occupations assuming that some of each gender prefers each job. Now, assume that discriminatory actions take place in the restaurant business preventing men from becoming chefs.
Over the past 50 years improvements in transportation and communication technologies has made it easier for companies to engage in business outside domestic borders. What forces motivate organizations to go global?
In December 2014, the international price of oil has dropped to almost half of its level in June 2014. What do you think the expected impact of this drop on the US economy in the short run and in the long run using the AD and AS model? Hint: Think of..
If the goal of the firm is both short- and long-run profit maximization, Discuss goals a firm might have which seem to not agree with profit maximization. are these goals consistent with profit maximization?why or why not?
Some economists believe that business owners who emphasize profit maximization will hire the most productive workers regardless of the personal characteristics of the worker; hence, these firms will drive discriminating firms out of business.
What do cities do to try to balance out the inefficiencies arising from the three often conflicting criteria for determining optimal jurisdiction size? Be sure to describe the two frequently used methods.
Compare the effects of an aggregate-demand-induced recession with an aggregate-supply-induced recession.
A survey of economists revealed that more than three-fourths of them agreed with a number of statements, including which of the following.
Assume the frequent flyer program has raised the cost of high-yield spill two fold since trade clients who are denied boarding now take their trade
In early 1998, S3 was a small microchip-design firm with a big problem. The company knew that Intel’s patent wall would eventually stall its high-performance graphic-microchip business. S3 hatched a plan to fix the problem. What is the implication fo..
If the U.S. interest rate differential increases, then in the foreign exchange market the
Determine what are some of the philosophies that influenced Latin America? In what way did they impact the cultures of Latin America?
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