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1. The Jung Company includes a premium in each box of its cereal. For four premiums plus $2.00, customers are entitled to a plastic doll that costs Jung $4.50 each. Jung expects 60% of the premiums to be redeemed. In 2010, Jung sold 500,000 boxes of cereal and distributed 25,000 dolls. What is Jung's premium expense for 2010?
Illustrate the deadweight loss from charging a $10 admission fee. Explain why charging $10 is inefficient, and calculate the size of the deadweight loss.
Why would Marriott worry about the quality of the hotels it doesn't own but franchises? Explain the nature of the agency problem facing Marriott.
How can IHRM help to ensure the success of firms with a global organizational structure and transnational organizational structure?
What was the ideal female image projected by mass media in the 1950s? Was this ideal also the reality? Why, or why not?
1.Do rising world food prices make the CAP unnecessary?
a. pay and productivity there is significant disagreement whether a dependable positive correlation relationship exists
What is the present value of the return at 3% and what is the present cost of the machine if the interest rate is 3%?
Does the introduction of technology reduce the differences between the "haves" and the "have-nots," or does it increase the gap? Do you see this within your own community? Globally?
What is the Nash equilibrium if 0 , What is the Nash equilibrium if 0 a + c1?
A company is practicing 1st degree price discriminaiton. The demand for the company's product is defined as QD = 20-2P. If the firm maximizes profits by selling 4 unites of output
Explain how financial crowding out can reduce the effectiveness of fiscal policy. What determines the magnitude of crowding out?
Calculate the Herfindahl-Hirshman index and determine what degree of concentration it exhibits. Would it be considered an oligopoly?
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