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The Institute of Business Ethics has identified three simple ethical tests to use for a business decision, please name and explain them?
Persons or organizations that agree to provide some funds for a new business in exchange for ownership interest or stock are called
Identify at least four things that will likely affect an individual’s demand for medical care. Which will likely have the best ability to predict spending for a single individual? Which for groups of people (assuming that you do not know anything abo..
Susan Chen is a stock analyst. She values two goods: money (income) and her integrity. Her bonus is based on the number of investments she recommends to the company. Generally speaking, the higher the bonus she receives
Emma’s preferences can be represented by U(x,y) = min {x,y}, where x is pairs of earrings and y is necklaces. She faces prices (px,py) = (2,1) and her income is 12. What is Emma’s optimal bundle of earrings and necklaces? Calculate the compensating v..
You are a division manager at Toyota. If your marketing department estimates that the semi annual demand for the Highlander is Q=150,000-1.5P, what price should you charge in order to maximize revenues from sales of the Highlander?
(Arbitrage) A supplier is selling hammers in two cities, Pleasantville and Happy Valley. It costs him $5.00 per hammer delivered in each city. Let p1 be the price of hammers in Pleasantville and p2 be the price of hammers in Happy Valley. Assuming th..
Show how you can derive the Aggregate demand curve when the Price level in an economy increases. By drawing separate graphs indicate how a change in the price level impacts, money market, investment demand, goods market and then draw the aggregate de..
The market demand and supply function for VCR movie rentals are: QD= 10 - 0.04p and QS 3.8P = 4. Calculate the equilibrium quantity and price.
If the minimum acceptable after-tax rate of return is 12%, what is the maximum amount that should be spent on the corrosion resistant bridge?
What is the Sherman Act? Why did it come into being? What kind of joint and unilateral activities are illegal according to the Sherman Act? Give three examples
In our text, there is an example of randomized block design in the form of an “Air Traffic Controller Stress Test” that begins on page 570. Do you think that the Air Traffic Controller Stress Test could have been formulated as a factorial experiment?..
This question is about the Baumol-Tobin model. For this question, state your answers in terms of income (Y), money holdings (M), interest (i),
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