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Reflection journal about your understanding of some of the trade-offs and decision making process in an entrepreneurial venture. and how you applied analytical and critical thinking skills to the evaluation of a new business or business initiative./Understand the business opportunity, risks and returns from the perspective of multiple stakeholders.
Determine the number of souvenir coins that must be sold per year to justify the purchase of a $6000 stamping machine.
What was Clifford's and Connie's marriage like? How did the war affect their courtship and marriage? Without the war, do you think they would have married?
Draw Al's monthly production possibilities frontier with bread on the vertical axis and wine on the horizontal axis. Suppose Al is currently producing and consuming on his PPF, making 10 bottles of wine per month. Mark this point in your graph of Al'..
From the data given, write down the demand equation and determine its intercepts. Are there any precautions needed when operating at the extreme ends
A purely competitive firm finds that the market price for its product is $30. It has a fixed cost of $100 and a variable cost of $10 per unit for the first 50 units and then $25 per unit for all succcessive units. Does price exceed average variabl..
Write down an extensive form game involving two players, players A and B, in which player B has some information about player A's action, which B then
Do price reductions and quality enhancements on Microsoft products prove that Microsoft is a perfectly competitive firm? What should be the test.
suppose two entities are considering collusion - to make things legal consider a situation similar to opec except
If the multiplier had a value of 4 in 1929, how large must the change in autonomous expenditure have been to have caused the decline in real GDP between 1929 and 1933 shown in the table on page 763? If the multiplier had a value of 2, how large mu..
There are 100 dog kennels in Atlanta. An economist studying the pricing behavior of dog kennels tells you that she is limiting her analysis to a time period that does not allow for any new dog kennels to enter the industry or for any established dog ..
Which form of Transporation should you use. First calculate the opportunity cost between the two options of travel to Chicago from NYC. Show the math
(a) Rewrite the equilibrium condition as implicit function F(P,w,M) = 0. (b) Identify all (i)exogenous parameters and (ii) endogenous variables in this model.
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