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Soft Selling occurs when a buyer is skeptical of the quality or usefulness of a product or service. For example suppose you're trying to sell a company a new accounting system that will reduce costs by 10%. Instead of asking for a price you offer to give them the product in exchange for 50% of their cost savings. Describe the information asymmetry the adverse selection problem and why soft selling is a successful signal.
Explain how does Global Intellectual Property Laws affect Telecommunication industry economic growth.
Explain why would Pepsi agree to pay such a fee. What would likely happen if there were no pouring rights on campus.
Determine the quantity demanded, the quantity supplied, and the magnitude of the surplus if a price floor of $42 is imposed in this market. Determine the quantity demanded,the quantity supplied, and the magnitude of the shortage if a pride ceiling..
There is a large increase in the global demand for roses and Colombia is the biggest producer of roses. At the same time, the central bank of Columbia increases the interest rate. What happens in the foreign exchange market for Columbian pesos to
Assume worker productivity increased at the rate what rate of increase in RGDP would be sustainable without increasing inflation pressures.
Asssume that a monopolist must choose between two points in its demand curve: it can sell 100 units for $3 or it can sell 140 for $2. Which of the following is true.
Since the US gov't was running a budget deficit at the time, assume that the war was financed by gov't borrowing. How does the equilibrium interest rate and private investment change in response to gov't expenditure on the war?
Suppose that Wal-World and Tarbo are independently deciding whether to implement a new bar code technology. It is less costly for their suppliers to use one system and the following payoff matrix shows the profits per year for each company.
Illustrate what are the disadvantages of forming corporate joint ventures between multinational corporations in the home and host country.
Determine the life Y for alternative B so that the two alternatives will be equally desirable, assuming an interest rate of 10%, and no salvage value for either alternative:
This post denotes a practice question for the Sherman Act.
Which of the following is true for perfect competition, monopolistic competition, and monopoly?
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