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Describe a situation when a leader made a "bad" decision and it led to a good outcome. Why did the good outcome occur? What happened after that when the leader had more decisions to make?
If a 10 percent fall in the price of beef increases the quantity of beef demanded by 20 percent and decreases the quantity of chicken demanded by 15 percent, calculate the cross elasticity of demand between beef and chicken. What can you conclude abo..
I. Introduction: The purpose of this brief discussion assignment is to help you further develop your understanding of your employer's current or potential strengths. Because this course is interested in how human behavior can be understood and levera..
Cassiopeia is a country facing an acute financial crisis. Coupled with a negative growth? rate, the rate of inflation in the economy has increased to almost 12 percent. The government of Cassiopeia has recently appointed a panel of experts to suggest..
Suppose that Chinese manufacturers develop the ability to build a good car that costs only $5,000. They start shipping it to the U.S. For each of the following groups, say whether they are likely to win, lose or not be affected much by the Chinese..
Microsoft emerges to have a monopoly with over 90% of the personal Calculator operating market. Why then would it not be charging a monopoly cost.
Goods and services sold in black markets, such as illegal0 drugs, are generally not included in GDP. Does this lead to misleading comparison between countries? Should these activities be included as a positive or negative in GDP?
It is reasonable to assume that the barriers to entry in market will remain in place despite technological change and competition? Consider newspaper. In most countries there are a fee widely- read newspaper, making this particular section an olipolo..
Firm A and Firm B are competitors in the same industry. The two firms have similar operating costs, except Firm A has more fixed operating costs than Firm B. As a result, which firm would experience a greater change in operating income as the result ..
Suppose that a store’s management is considering a plan in which customers who donate blood get a $20 gift card. If both store REVENUES and blood donations (i.e., number of pints donated) rise with this plan, which of the following is true? Be sure t..
The variety of Riverside Ranger logo T-shirts includes 12 different designs. Setup between designs take one hours (and $18,000), and, after setting up, you can produce 1,000 units of a particular design per hour (at a cost of $8,000). Does this produ..
The South Beach Café recently reduced appetizer prices from $10 to $8 for afternoon “early bird” customers and enjoyed a resulting increase in sales from 75 to 125 orders per day. Beverage sales also increased from 400 to 550 units per day. Calculate..
Discuss the short and the long-run impacts of the following scenarios on the interest rate (r) price level (P), and national income (Y) level, consumption, investment and real money balances, using the IS-LM model (diagram).
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