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Explain how the Internet and e-commerce have affected the strategic planning process. (Think about Porter's 5 forces.)
Lets assume that we admitted more students this semester (1200) than last (1100) and because of it there is a shortage of “B” parking spaces. Students also complain about the parking permit price ($100).
Use a diagram to show the consumer surplus , producer surplus and total surplus of the market for groceries in this small town. Now suppose these small supermarkets successfully form a cartel which behaves like a monopoly, How does this cartel affect..
Describe the growth of the economic role of the federal government since the 1930s. Give two examples of public goods or services that you use. If you could order a cut of $100 billion in federal spending, which programs would you cut and why would y..
Describe competency models, case-based decision making, and systems thinking.
The demand equation for a company's product it Q = 500 - 3P + 2Pi + 0.1I where Q is the quantity demanded of its product, Pi is the price of its rival's product, and I is the per capita disposable income (in dollars). At present, p = $10, Pi = $20, a..
Comment about substitution effect and income effect when price of good one alone decreases if the goods are perfect substitutes.
What is the most important economic principle that the "Potato" example illustrates?
What do you think will happen to the price of tablet computers? Please explain. Whom do you think will reap most of the benefits of any technological innovations in tablets in the next five years; buyers or sellers? Please explain.
What is a subgame-perfect Nash equilibrium proposal of player 1, and what is the resulting outcome of the game
“Dams ‘R’ Us” operates a major hydropower dam on the Klamath River in Oregon. In the event of dam failure, there would be major damages to local communities. The company can reduce the probability of failure through proper maintenance of the facility..
What is the probability of attendance between 39,000 and 45,000? e) What must the attendance be at a game, for that game's attendance to be in the top 1% of all games?
The Keynesian model and the AD/AS model are similar in many ways and different in many ways. A. What are the characteristics of an economy in which the Keynesian model will provide a good estimate of the result of an increase in autonomous expenditur..
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