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Most public utilities (gas, electricity, water, and local telephone companies, for instance) are subject to rate of return regulation, under which a firm is allowed to choose its price, subject to its proving that it is not earning too much money. Typically, the firm is allowed to cover its expenditures for labor and material exactly and to earn a "fair" rate of return on its capital investment. Can you think of any problems with this sort of regulatory scheme? In particular, what do you think that this plan does to the firm's incentives to substitute capital for labor?
For what types of employees or positions do you think management by objectives (MBO) should prove particularly effective? Ineffective? Sales of a particular product (in thousands of dollars) for the years 2005 through 2008 have been 48, 64, 67, and ..
The degrees of freedom are used to determine the critical z-score for the normal distribution when calculating a confidence interval. The alternative hypothesis, denoted by H1, represents the opposite of the null hypothesis and is believed to be true..
Please assist me with the lay out to find the probability that in a random sample of 10 newborn babies the mean weight is more than 120.3 ounces.
Which of the following is not true when there is an inflationary gap? If a minimum wage law is passed imposing a price floor above the equilibrium price of unskilled labor:
BC Junction purchased some embroidering equipment for their Denver facility 3 years ago for $15,000. This equipment qualified as MACRS 5-year property.
Define cardinal and ordinal utility. What is the difference between the two? In economics, is utility measured cardinally or ordinally and why is this so?
International Trade Policies are very important for Multinational Enterprises (MNE) and governments. Answer the following questions: How does an international trade policy impact a MNE's strategy? Provide Examples. Why do governments sometimes interv..
Are there things like consumption multiplier? Government spending multiplier? Export multiplier? if so, how to calculate them?
What do you think are the most significant challenges Clare faces in addressing welfare reform? What is your assessment of the most important stakeholders and what are their incentives to take action? What general quasi-experimental evaluation design..
Systems to predict food shortages also need reviewing: early warning systems are of limited use without an effective response from policymakers. How will CAADP work when or initiatives have failed in past.
In addition, the bank deposits in Japan pay a 3% interest rate. a. Compute the interest rate paid on Korean deposits.
What is the probability that an item will perform its intended purpose for a specific period of time or is considered its ability to perform?
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