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Question: NOTE - Topics for both the question are Introductions; Managers, Profits and Markets; Demand, Supply and Market Equilibrium.
1. In no less than two and no more than four pages, summarize the important economic principles and concepts discussed in each of the assigned chapters.
2. You need to find an article related to Economics and be prepared to present the article during class (5 to 10 minute presentation. You must state specifically what topic in Economics that the article related to. The article should be from a referred journal, but articles from the Wall Street Journal, Business Week, some other business magazine, will be acceptable if there is enough substance (you may need to do additional research). Your write up should be no less than one page and no more than three pages posted in Moodle.
There are several compensation schemes that employers may use to motivate workers. Women are more likely than men to hold jobs that pay workers a piece rate, but less likely to hold jobs that promise workers raises if they perform well. Why might tha..
The CEO and COO in the United States hope to use your writing and experience to convince other workers of value of what Acme is doing abroad.
The major feature of the tax code. In this case, how does an increase in inflation for a given r affect the user cost of capital and the desired capital stock?
Suppose Agon moves first and DuPal responds. Draw the game tree and find Nash Equilibrium using the payouts described in the profit table above.
Suppose that the Government introduces a labor tax: for each hour of labor hired, the firm needs to pay to the Government. Find the new optimal demand for labor. Is it higher or lower than in the absence of the tax?
What is Coinstar's total fixed cost of operating one self-serve kiosk? What are its variable costs of providing coffee at a self-serve kiosk?
Real and nominal interest rates: Suppose the real return on investing in a machine is 5% and the inflation rate is 4%.
Suppose companies can deduct interest payments on their debt against their taxable income: they pay tax on pro?ts, net of interest payments on debt. The revenue that a com- pany generates from some new investment is taxed, but it can be offset by ..
To isolate the effects of advance purchase, the itineraries should depart and return the same days of the week at approximately the same times of day. Try to avoid the influence of holidays or other seasonal effects on demand.
Among the 4 principal market structure models, monopoly and oligopoly offer best opportunities for the firm to earn economic profits in the long run. What are some strategies for firm which is earning economic profits to legally sustain them over ..
Fixed cost of production are $6 and the variable cost per unit of labor is $10. The marginal product of the seventh unit of labor is 4. Given this information. what is the total cost of production when the firm hires 7 workers.
Compare and contrast the public interest and special interest theories that describe the motivation behind government intervention in the health care market.
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