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You decide to try to give your product idea one more shot at your current firm. You had proposed it to your direct manager as your idea and he/she shot it down. What can you do differently to try to get it accepted and explain how you would go about that? Important to address the concepts of "ownership of the idea" and also making sure others are not threatened - will it adversely impact another existing product - and how to get those people impacted by that on board with your idea.
Which of the following is NOT a consequence of imposing a legal minimum wage?
The optimal number of traffic deaths in the United States is zero." "Any pollution is too much pollution." "We cannot pull U.S. troops out of Afghanistan. We have committed so much already."
The market supply curve is the curve that summarizes:
Is the relation between "Wal-Mart" and its consumers, workers, and communities typical or atypical of the relation between businesses and consumers, workers, and communities? Explain.
Suppose there are two types of shirts available to Carl: red shirts and black shirts Carl is always wiling to exchange three black shirts for one red shirt. What type of preferences is Carl exhibiting? Draw several indifference curves to illustrate C..
What is Mary's federal tax liability? Round your answer to the nearest cent. Do not round intermediate calculations.
Compare the price and output decisions of a profit-maximizing firm under conditions of pure competition, imperfect competition, and small oligopoly. Show that your answer does not depend upon the cost structure of the firm. What are the social implic..
A new electronic saw for cutting small pieces of lumber in a furniture manufacturing plant has a cost basis of $4,000 and a 10-year depreciable life.
Please use classical model AD-AS analysis (i.e. state AD, SRAS or LRAS shift rightward or leftward) to predict the impacts on price level and real GDP in the U.
Derive the equation describing labor demand in this economy as a function of the real wage and the capital stock. The economy has 27,000 units of capital and a labor force of 1,000 workers. Assuming that factor prices adjust to equilibrate supply and..
Shortages of resources such as water, food, and building supplies are a problem many communities face after a natural disaster occurs. Some communities have even enacted laws to prevent “price gouging,” the practice of asking very high prices for pro..
It will provide benefits of $4000 at the end of Year 1, $3,500 at the end of Year 2, and $3,500 at the end of Year 3. If the discount rate is 6%, will this project be approved using cost-benefit analysis?
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