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1. Do men have a monopoly over the best jobs in the United States? If so, how is that monopoly protected? (Feminist)
2. When analyzing the conduct of "modern" industry, Thorstein Veblen argued that captains of industry succeeded by eliminating their rivals through predatory exploitation and thus sabotaging production efficiency for personal fortune.
a. How does John D. Rockefeller's late 19th-century view that he liked to give competitors "a good sweating" and Bill Gates's "We will crush them" approach to Java fit into Veblen's argument?
b. What are the policy implications of predatory exploitation? (Institutionalist)
C2. Which harvester is better using the External Rate of Return (IRR) Method C3. Which harvester is better using the Simple Payback Method if the average recovery period (industry threshold) for this category of harvester is 3 years.
Assume in perfect competition, the function of marginal cost is: MC=3+3Q, and price P = 15. What is the optimal quantity to maximize the firm's profit
Suppose that you are the manager of an accounts receivable unit in a large company. You are switching to a new system of billing and record-keeping and need to train your three supervisors and 28 employees in the new procedures. What training me..
you observe an olympic athlete in the long-jump. suppose the distance of each jump is a random variable that follows a
Product X is traded on the international market at a price p = 0.5. Consider a small open economy where there are two firms, A and B, producing product X. The two firms have a production function q^A = 10l^1/2k^1/2 and q^B = 10 min{l, k}
Certain universities do not give letter grades. One rationale is that eliminating the letter-grade system reduces the pressure on students, thus enabling them to do better in school. Why might this policy help or hurt students?
Imagine a simple economy with only two people, Leroy and Percy. If the Social Welfare Function is W = UL + UP, and the Utility Possibilities Frontier is UPF = UL + 2UP, what will be the societal optimum
What are the limitations of the Laffer curve as a tool of government policy formulation?
Quagmire Corporation wants to set up a manufacturing plant to last for 20 years. Initial costs at year 0 are $18,000 for the building and $31,000 for the equipment. At year 10 there will be a major machinery overhaul
You are looking at the hat market. Hats sell for $15 each, and the variable cost of producing hats is Cv(H)=.25*H^2, with marginal cost MC(H)=.5*H. What is the highest fixed cost you would be willing to pay and still enter the market
Is there any way for Mike's Bikes to avoid having excess capacity in the long run?
(Case Study: Banking Troubles in Japan) Discuss problems with the banking system in Japan. In what ways are they similar to U.S. banking problems in the late 1980s and early 1990s? What is the current status of bank restructuring in Japan?
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