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Assignment
1. What does the term "intellectual property" mean? Can you give an example of something that might be described as intellectual property? What new idea can you come up with that might be described as intellectual property?
2. Using framing to persuade: Can you think of a current or recent situation or negotiation in which you could benefit from doing a better job of using the power of active listening? By using the other party's frame, how might you reframe that particular situation to increase the likelihood that the other party will be able to see a solution to your mutual interests within his or her reframed perspective?
3. In the book Getting Past No Ury talks about "building them a golden bridge." What does he mean by that? Can you think of a negotiation you were involved in or aware of where someone built a golden bridge for the other side, to close the deal successfully? If not, can you describe a negotiation that might have been successfully closed if one side had built a golden bridge for the other side?
4. In his book, Getting Past No, Ury tallks about going to the balcony in a negotiation. What do you think he means by that?
Please recall and describe a negotiation you were involved in where you may have been more effective if you had been able to go to the balcony.
Question: Explain why the free rider problem makes it difficult for perfectly competitive markets to provide the Pareto efficient level of a public good.
Some commentators have argued that the failure of the “Super committee” is good thing for the economy? Do you agree?
Case study analysis about optimum resource allocation: - Why might you suspect (even without evidence) that the economy might not be able to produce all the schools and clinics the Ministers want? What constraints are there on an economy's productio..
Questions: : Which of the following are likely to be fixed costs and which variable costs for a chocolate factory over the course of a month? Explain your choice.
Problem - Total Cost, Average Cost, Marginal Cost: - Complete the following table of costs for a firm. (Note: enter the figures in the MC column between outputs of 0 and 1, 1 and 2, 2 and 3, etc.)
Problem based on Oligopoly and demand curve, Draw and explain the demand curve facing each firm, and given this demand curve, does this mean that firms in the jeans industry do or do not compete against one another?
Explain the impact of external costs and external benefits on resource allocation; Why are public goods not produced in sufficient quantities by private markets? Which of the following are examples of public goods (or services)? Delete the incorrec..
Describe the differences between shifts in demand and movements along the demand curve. What are the main factors which can shift the demand curve? Explain why they cause the demand curve to shift. Use examples and draw graphs to support your discuss..
Article Review Question: Read the following excerpts from the article "Fruit, veg costs surge' by Todd, Dagwell, published in the Herald on January 25th 2011 and answer questions below:
Long-term Growth, International Trade & Globalization:- This question deals with concepts such as long-term growth, international trade and globalization. Questions related to trade deficit, trade surplus, gains from trade, an international trade sce..
"Does the economic bailout of Spain and Greece spell the beginning of the end for the European Monetary Union (EMU)?"
Read the rules of the game, the overview and the almanac for the Development Game "Settlers of Catan"
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