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Question
1. Explain how Adam Smith's specialization of labor was so very important to the industrial revolution.
2. Compare your own goals to the importance of specialized or generalized. Did these videos open your eyes to new information?
3. In consideration of business operations, what can an organization do to ensure they are not stuck in a rut in relation to innovations, operations and management practices?
assume that the industry you wrote about in assignment 1 wants to expand and that its only option is a merger. now the
"The optimal purchasing rule is satisfied when a budget line is tangent to an indifference curve" explain with economic reasoning and an appropriate diagram.
Macroeconomic variables that might impact demand and/or supply in the industry. A good place to start would be the list of economic indicators.
Why do long-run elasticities of demand differ from short-run elasticities. Consider two goods: paper towels and televisions. Which is a durable good.
a) What are the social benefits of curbing/abatement of pollution? b) What are the social cost of curbing/abatement of pollution (yes, there are some)?
If the policy interest rate is near zero, what less conventional monetary policy tools might a central bank use to stimulate the economy? How do these tools work? In what way is central banking in the euro-zone area different from or similar to th..
During the recent recession, when countries around the world suffered high unemployment rates and the governments were experiencing huge budget deficits, economists debated whether to raise or cut taxes or to raise or cut government spending.
Question 1: You know that the inverse demand curve is defined by the following function: P=25-Q and costs are defined by 5*Q (so you know MC is 5 for all possible levels of Q). a. What is the equilibrium price quantity pair if the market is perfect..
Explore the economic situation in Bangladesh. Briefly describe the trends in growth rates, the business cycle that the economy observed since independence.
Leigh will use 16 connecting cubes to make a model of a playground.The model will be in the shape of a rectangle and will have a heigh of one cube. in how many different ways can leigh make the model of the playground.
Discuss your findings. Is it better to make strict ACLs and let users ask for exceptions, or to use few ACLs and only add them as they are discovered to be needed? What are arguments for both approaches?
The Federal Reserve unexpectedly increases the rate of growth of the money supply by 1%, and this change is expected to be permanent. What nominal interest rate will banks charge on new mortgages?
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