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Why will profits for firms in a perfectly competitive industry tend to vanish in the long run?
When we think of entrepreneurship, we often think of small, start-up firms. Describe how a large corporation in an established industry can be "entrepreneurial" and discuss how Peng's entrepreneurial strategies apply in this situation.
Suppose that large oil reserves are discovered off the coast of Cuba, and these reserves will increase the world's supply of oil by 2 percent.
Will this necessarily result in more revenue? Under what conditions will revenue (a) rise, (b) fall, or (c) remain the same?
There is a debate about whether sterile hypodermic needles should be passed out free of charge in cities with high drug use. Proponents argue that doing so will reduce the incidence of diseases, such as HIV/AIDS, that are often spread by needle shari..
Explain the principal-agent problem as it pertains to equity contracts. Why does the free-rider problem occur in the debt market?
Recall the priest who traded the cigarettes for cheese, and cheese for cigarettes, so that he ended up with more cigarettes than he had initially. Did someone else in the camp lose by the priest's activities?
Identify the major stakeholders in your organization. Analyze the top-management structure, investigate and enumerate the code of ethics.
Explore the supply and demand conditions for your firm's product. Evaluate trends in demand over time and explain their impact on the industry and the firm.
Students will conduct an analysis of a recent article and provide their evaluation and outcome expectations in a written paper of 1500-2500 words that discusses:
A construction firm can achieve a $15000 cost savings in Year 1 and increasing by 10% each year for the next 5 year by upgrading some equipment.
What is indirect utility function? How will you derive an indirect utility fuctio from a direct utility function?ezplain roy''s identity?
Your company has a customer who is shutting down a production line, and it is your responsibility to dispose of the extrusion machine. The company could keep it in inventory for possible future product and estimates that the reservation value is $250..
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