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Suppose when the price of an apartment (i.e. rent) is $500, the quantity of apartments supplied in your neighborhood is 10,000. When the price of an apartment is $700, the quantity of apartments supplied in your neighborhood is 15,000.
a. What's the price elasticity of supply for apartments in your neighborhood?
b.True or false: Given more time the price elasticity of supply for apartments will be larger.
why do organizations grow amp decline?1 why do organizations decline? what steps can organizational leaders take to
Answer the following question with not less than 100 words. References should be provided. 1. The following is a quote from the textbook "You can be very profitable and still go out of business". Do you agree with this quote? Why or why not? Ex..
Do you think they made the best decision about how to handle the budget? What are the possible sources of cognitive bias in this situation?
free-market view of economics population growth rate1. is the classical free-market view of economics an adequate guide
Should Creative Advertising meet the client's expectations (i.e., create the promotional spot) or risk losing the account? Explain your reasoning.
Refinishing floors would cost $2700, upgrading the kitchen would cost $2500, replacing the back window with a door would cost $600, and installing a garage door opener would cost $350. Formulate an appropriate objective function for this scenario.
In class we deliberated the four stages of rational decision making 1) identify the problem or opportunity 2) think up alternative solution 3) evaluate alternatives and select a solution 4) implement and evaluate the solution chosen)
Consider yourself as an IT project manager in your organization and submit a paper on an IT project that had problems due to organizational issues.
What is the opportunity cost for each good in each country? Who has a comparative advantage in what good? What is the trading range?
Describe the difference between a database level audit and an application level audit?
What are the pros and cons to living in a society where the rule of man dominates the legal system? Would the rule of man be a better system than the rule of law in your opinion?
Describe how the change was communicated. Identify which leaders were involved in the communication. Identify the change model (if possible).
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