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Joseph can initially produce 10 pizzas or 5 cakes. After some training from a pizza-making expert, his opportunity cost of making
(a) cakes will remain unchanged (b) 1 cake will become less than 2 pizzas (c) 1 cake will become equal to 1 pizza (d) 1 cake will become more than 2 pizzas
1. small mistakes are the stepping stones to large failures. how might this saying apply to this lesson as well as do
When a recession generates unemployment, it is considered: At the national economy level, technological development can generate:
1. Which of the following approaches to understanding and predicting consumer behavior depends primarily on the knowledge and experience of a firm's employees and its suppliers?
We discussed in class several of the dependent variables that need to be considered when managing people (performance, job satisfaction, turnover, absenteeism, organizational citizenship behavior, deviant workplace behavior). Select two of these and ..
corporate profitability declined by 20 percent from 2008 to 2009. what performance percentage would you use to trigger executive bonuses for that year? why? what issues would arise with hiring and retaining the best manager?
Identify and briefly explain three specific topics or ideas that you found to be the most important and/or most interesting. Be specific, and explain. Do you plan to apply any of the topics/ideas in your current employment? Why? How?
Explain the 3 neoclassical macroeconomic goals. How do we know if we are meeting each of these goals? Additionally, provide a criticism of ONE of these goals.
At what quantity of output does marginal cost attain its minimum value? At what quantity does average variable cost equal marginal cost?
Even among professional sport players, the salaries for players in some sports are generally significantly higher than the salary in some other sports. Elucidate how does this make sense using supply and demand in a market in equilibrium.
Which of the following is true about retained earnings?
Which good is likely to have more elastic demand: soda or new cars? Explain your answer, also assume that all brands of each good experience a price change.
Write a 2 page essay describing what life was like in the Great Depression 1929-1941 with a focus on the important events and data which characterized economic conditions of that time period. Cite at least 4 outside sources of supporting information/..
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