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Discuss, in brief, the various steps taken by the Government from time to time to encourage workers' participation in management in our country.
The computer industry not spread more evenly around the globe? Identify three product categories for which you think the markets are global. Can you find three that are multi domestic? What market data would you need to support your assertion?
Suppose that John Smith gets promoted to a job that causes two changes to occur simultaneously: John earns a higher wage, and a safer environment causes his health to depreciate less rapidly. How would these two changes together affect John’s desired..
Goleta Brewing Company hires only two types of labor, managers and brewing assistants (denoted by M and B, respectively). GBC has the following Cobb-Douglas production function F(M,B) = m5 B5 and wants to produce 10 barrels of pale ale this week. How..
The supply of real money balances (M/P) has to equal the demand for those balances. What happens to the price level if the demand for money decreases? Explain what must be happening in the economy to cause such a result
Suppose the candle manufacturing industry is organized as a perfectly competitive market i.e. it consists of many firms with identical cost structures. A single firm's long-run average total cost function is “U” shaped and minimized at an output of q..
Think of a strategy pursued by the company your work for, another company, or even a sports team. How can game theory help improve the outcomes for the decision makers? Explain whether simultaneous-move, repeated-move, or sequential-move games are mo..
If betty produces nothing but good y, her output of good y is 20 units. She works 5 hours a day. Her opportunity cost of producing a unit of good x is 2. if betty specializes in the production of good x, what is her daily output of good x?
Suppose a firm's demand curve is given by P = 120 - 0.5Q. Find the (value of) price elasticity of demand (point elasticity) for the demand curve when the price is $100. Is demand elastic or inelastic?
Suppose that a firm’s production function is Q = min{K, L}. Currently, the wage is w = 8 and the cost of capital is r = 8. What is the minimum cost method of producing Q = 40 units of output? Suppose that wages fall to w = 4. Keeping total cost the s..
Which of the following best explains why a $7 billion tax cut can lead to a $9 billion increase in consumer spending in the short run?
Various concepts of distance are used in international business. Define and explain at least five concepts of distance, and discuss how each might affect bilateral foreign direct investment (FDI) flows between countries.
q1. analyze the potential downfalls of any effort e.g. free riders and make at least one recommendation for minimizing
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