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If you were vice president of sales for an organization with employees in other countries, what would be your first major steps regarding the compensation of your sales force, and why?
The top four firms account for sales of $10 million, $9 million, 8 million, and 5 million, respectively. What is four-firm concentration ratio?
Our current corporate climate requires companies to extend credit to one another. Under what circumstances would you see this changing? How do credit managers manage the risks related to extending trade credit? Aside from late or non-payment, what ot..
Between 2007 and 20008, the quality of automobiles produced and sold declined by 10 percent. During this period the real price of cars increased by 5 percent, real income levels increased by 2 percent, and the real cost of gasoline declined by 20 per..
How much cheaper is the discounted financing option?
Why is the growth of per capita real GDP a better measure of economic growth than the growth or real GDP? What is the level of output after four years of initial output equals $1000 and the economy grows at a rate of 8 percent a year.
If it decreases the price to $63, what should be the quantity sold? Will revenue increase? Why? Show all work
Using only the USA Today Newspaper, the New York Times Newspaper, The Washington Post, or The Wall Street Journal Find an article about oil that you can compare to a historical event that you have learned about thus far in the course.
Assume your local congressman calls you for some economic advice. He wants to sponsor legislation to increase public spending on such common medical interventions as because he’s been told early detection saves money:
Sally the Sleek’s preferences can be described by the utility function U(x,y) = x^2y^3/512. Prices are px = 2 and py = 6; she has an income of $80 to spend. How much should Sally consume of x and y in order to maximize utility, given her income?
a. What is Lindsay's budget constraint for consumption good (Y) and leisure (L)?
Why do you suppose that employment growth is about 20 percent greater in unlicensed occupations than in licensed occupations? What do you suppose a typical state government does with the millions of dollars of occupational license fees it receives ea..
In a trust game, player 1 is given $10. She can send any fraction of that money to player 2. Player 1 keeps the remainder. Whatever money is sent to player 2 is tripled in the process. When both players maximize their monetary payoff, what is the sub..
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