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Some people think leadership is a born ability. Some think leadership cannot be learned and Some think leadership is the production of a need or challenge. What do you think?
Describe the difference between nominal, effective and real interest and calculate what is owed after 5 years for the following example. 10% interest on $100 over the course of 5 years. Where relevant, the compounding period is 1 year. Inflation is 5..
q. you have been hired to manage a small manufacturing facility whose cost and production data are given in the table
Mr. Roe gave up a job paying $18,000 and investments paying $6000 a year to pen this business. What is his accounting profit and what is his economic profit?
From an economics perspective, would you prefer your residential water supply to be provided by a monopolist or a purely competitive firm?
Describe what is meant by a dominant strategy. Given payoff matrix above, does each firm have a dominant strategy. Under what circumstances would re be no dominant strategy for one or both firms.
Next, suppose that the government establishes a price floor of $4.60 for wheat. What will be the main effects of this price floor? Demonstrate your answer graphically.
For a child i living in a particular school district, let voucheri be a dummy variable equal to one if a child is selected to participate in a school voucher program, and let scorei be that child’s score on a subsequent standardized exam. If you run ..
Using the travel cost method, evalute the annual active use value of this area to the people living in these cities.
Which of the following is an example of sexist language?
During World War 2 gasoline and other consumer goods were in short supply on the home front so that maximum resources could be diverted to the war effort. In order to cut back on the consumption of these many products, rationing coupons were issued t..
In production theory, what distinguishes the short run from the long run? Can these periods be defined in terms of specific lengths of time? Why?
Construct a market basket using a graph. calculate the price index based on the basket. Decide quantity and estimate current prices for each product.
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