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1. What is the best practices frontier? How does this relate to competitive advantage?
2. Explain why rent seeking competition tends to dissiapte rents-to drive them down so that there are no abnormal rents?
3. Jack Welch is heralded as a great leader of General Electri (GE). His strategy to acquire companies in different lines of business based on the requirement that each business in GE was to become #1 or #2 competitor in the industry is touted as being particularly brilliant. While very successful, could there have been a fundamental flaw in Welch's strategy?
4. What type of compensation policy would you expect to observe in an indutry with rapidly changing technology?
Determine which country has absolute advantage in production of tanks and explain why is it this country?
identify economic factors that affect the real gdp the unemployment rate the inflation rate and a key interest rate.
Suppose that as the economic recovery strengthened consumer expectations of annual inflation increased from 2% to 3.5 % and, at the same time, the expected real rate of return required to equate investor demand to the existing supply of 1 year Treasu..
Suppose your college charges you separately for tuition and for room and board. then what is a cost of attending college that is not an opportunity cost.
Assume the firm can produce 5000 units of out put by combining its fixed capital with 100 units of labor and 450 units of raw materials. What are the total cost and average total cost of producing 5000 units of output?
you have been hired by a new firm seling electronic dog feeders. your client has asked you to gather some data on the
The "crowding-out effect" suggests that A. excessive population in the cities is pushing people into the suburbs.B. if consumption spending increases investment spending must decrease. C. tax increases are paid primarily out of saving and, therefore,..
When companies expand into the international arena, they do so either because their home market has matured or because they see real opportunities in the foreign market. Discuss which kinds of international strategies are most appropriate for compani..
Presume the demand and supply curves for one-year discount bonds with the face value of $1,000 are given by: What is the equilibrium price and quantity of bonds in this market? What is the interest rate in this market, given your answers above?
assume that two companies c and d are duopolists that produce identical products. demand for the products is given by
what is contributing to the gap between the rich and the poor? an introduction to the problem the fiscal polices
The basic economic argument for greater income equality is that: an equal distribution of income is the logical outcome of any tax-transfer program. because citizens enjoy political equality, they are also entitled to economic equality.
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