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Suppose that in the Robinson Crusoe economy, Robinson finds a friend called Friday. Further suppose that Robinson can produce 10 pounds of fish per hour or 20 pounds of coconuts per hour and Friday can produce 20 pounds of fish per hour or 10 pounds of coconuts per hour. Robinson and Friday both want 60 pounds of fish and 60 pounds of coconut per day. How many hours must Robinson and Friday work per day if they don't help each other? Suppose they decide to work together in the most efficient manner possible. How many hours each day do they have to work? what is the economic explanation for the reduction in hours?
Define the elements of a legal contract using examples from the scenario where applicable. Identify the facts from the scenario which support your decision on whether or not a contract exists for the purchase of the automobile.
What is considered the reasonable time that the buyer can advise the seller of defects in delivered goods.
Explain the regulatory/legal issues that need to be considered for Argentina and renewable energy in Argentina.
Define and graph your budget set in terms of leisure (equal to non-worked hours) -Good 1- and "money spent on every other good" -Good 2-.
Discuss the ethical implications of a leader's role in the socialization of new hires into the preexisting culture of an organization. What impact does socialization have on both individual and organizational effectiveness?
What is the difference between homogeneous-agent models and heterogeneous-agent models?
Estimate the expected sales of air-conditioning systems for next year.
concepts to analyse the information and use the evidence/facts in the case to support your analysis - Conduct a value chain analysis
In a well-written 4- to 5-page paper, discuss how three virtues apply to the Mattel case. Before you begin to write up your Case, let's consider what is meant by "critical thinking."
Briefly use agency and stewardship theory to explain the incident/phenomenon, and comment on the business implications.
Why do think that Roberto Goizueta switched from a stategy that emphasized location towards one that emphasized global standardization?
According to Robert Dees' book 'Resilient Leaders', what are the three most important concepts discussed from chapters 3 to 5?
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