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Problem Statement: SELL and read about Cindy Ranger's dilemma. After week 3 you should be an understanding of ethics and how ethical dilemmas can be prevalent in Sales/Business.
Question 1: What are the ethical issues involved in this situation? If you were Cindy, do you think Janet intended for you to see the competitive bids?
Question 2: What would you have done, given this situation? Why?
Determines how many students will apply to the honors program? Also, assume that the people who run the honors program do not plan to expand or contract it.
Do you favor a laissez-faire approach or government intervention and regulation with respect to monopoly What are the benefits of your favored approach, in terms of economic efficiency Is one approach always preferable, or should each monopoly mar..
Refer to Example. While cleaning out an old file, someone uncovers the first spacecraft manufactured by your company-30 years ago!
Identify two elastic and two inelastic goods that you have purchased in the last month and explain the main reason why you identified them as such.
17. assume a certain firm in a competitive market is producing q 1000 units of output. at q 1000 the firms marginal
Refer to Example. Would the pump recommendation change if the cost of electricity was $0.15 per kWh? What if the pumps were only required for 3,000 operating.
What exactly is marginal
Suppose there are two goods available to the consumer--coffee and tea. Suppose that the price of coffee decreases.
Measured in terms of the reduction in private sector output, what is the cost of taxing a dollar away from the private sector and transferring it to the government?
by outsourcing overseas a company can reduce costs but must also take certain risks. global supply chains are exposed
Decide the demand function and inverse demand function for good X. Indicate whether goods Y and Z are substitutes or complements for good X? Is X an inferior or a normal good? How many units of good X will be purchased when Px=4900?
Suppose there was no threat of entry. What technology would the monopolist select? Suppose· the monopolist selects the technology you got as the answer to part (a).
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