Questions
What are the primary opportunities and threats presented by the globalization of markets in business? Explain...

What are the primary opportunities and threats presented by the globalization of markets in business? Explain your answer.?

In: Economics

You have a process with the following parameters. What is the EUAW (EUAB-EUAC) for the process,...

You have a process with the following parameters. What is the EUAW (EUAB-EUAC) for the process, given a 15% interest rate?

First cost: $1.7M
O&M costs for Year 1: $29,000
Cost gradient: +$750/year (Year 2 is 29,750; year 3 is 30,500, and so forth)
Annual benefit: $303,000
Salvage value: $210,000
Useful life, in years: 20

In: Economics

Take any of the firms mentioned in the Modern Monopoly discussion thread and discuss the actual...

Take any of the firms mentioned in the Modern Monopoly discussion thread and discuss the actual competitive environment they compete in. The discussion can include information on market shares, but more importantly what are the true definitions of the markets and the list of competitors they face? How strong are these competitors? What creates advantages and disadvantages and how do these stack up? You should use the conditions necessary for Perfect Competition for a partial guide to this thread.

In: Economics

Using common layman terms how does the macroeconomy work?

Using common layman terms how does the macroeconomy work?

In: Economics

a phone manufacturer want to compete in the touch screen market. Management understands that the leading...

a phone manufacturer want to compete in the touch screen market. Management understands that the leading product has a less than desirable battery life. They aim to compete with a new touch screen phone that is guaranteed to have a battery more that two hours longer than the leading product. A recent sample of 109 units of the leading product provides a mean battery life of 5 hours and 51 minutes with a standard deviation of 42 minutes. A similar analysis of 90 units of the new product results in a mean battery life of 8 hours and 48 minutes and a standard deviation of 68 minutes. It is not reasonable to assume that the population variances of the two products are equal.

a. Set up the hypothesis to test if the new product has a battery life more than 2 hours longer than the leading product.

b-1 Calculate the value of the test statistic

In: Economics

How do household behavior and government policy influence the marketplace? Provide at least four examples with...

How do household behavior and government policy influence the marketplace? Provide at least four examples with well-written support. Please explain in brief.

In: Economics

How would inflation in a foreign country affect the value of foreign profits for a U.S...

How would inflation in a foreign country affect the value of foreign profits for a U.S investor?

In: Economics

Need a long self explanatory analysis and book review about the following book:- The Great Rebalancing:...

Need a long self explanatory analysis and book review about the following book:-

The Great Rebalancing: Trade, Conflict, and the Perilous Road Ahead for the World Economy by Michael Pettis

In: Economics

In point form only, develop a plan to ensure food security for when the world population...

In point form only, develop a plan to ensure food security for when the world population reaches 10-12 billion people explaining how each of those 20 points will result in food security. Why would food security be impossible if the population exceeds 10-12 billion people

In: Economics

consumerism in America 1920s to the 1950d? use citation

consumerism in America 1920s to the 1950d? use citation

In: Economics

A Manufacturer of flash drives has a profit function of P= t - q2where t is...

A Manufacturer of flash drives has a profit function of P= t - q2where t is the price charged for a flash drive and q2 is the cost of producing a drive whose capacity is q gigabytes. A consumer of type 'x' has a utility function of u = xq-t, where 'x' takes on the value of 8 for H-type consumers or 6 for L-type consumers. There are 100 consumers of each type. A consumer gets zero utility if she does not buy.

Calculate the optimal SEPARATING CONTRACT (qL,tL) and (qH,tH) under ASYMMETRIC INFORMATION

In: Economics

introduction to government-linked company and multinational company in regards to their work practices.

introduction to government-linked company and multinational company in regards to their work practices.

In: Economics

The market for apple pies in the city of Ectenia is competitive and has the following...

The market for apple pies in the city of Ectenia is competitive and has the following demand schedule:

Demand Schedule

Price

Quantity Demanded

(Dollars)

(Pies)

1 1,200
2 1,100
3 1,000
4 900
5 800
6 700
7 600
8 500
9 400
10 300
11 200
12 100
13 0

Each producer in the market has a fixed cost of $6 and the following marginal cost:

Quantity

Marginal Cost

(Pies)

(Dollars)

1 1
2 3
3 8
4 10
5 12
6 14

Complete the following table by computing the total cost and average total cost for each quantity produced.

Quantity

Total Cost

Average Total Cost

(Pies)

(Dollars)

(Dollars)

1
2
3
4
5
6

The price of a pie is now $11.

At a price of $11, pies are sold in the market. Each producer makespies, so there areproducers in this market, each making a profit of

.

True or False: The market is in long-run equilibrium.

True

False

Suppose that in the long run there is free entry and exit.

In the long run, each producer earns a profit of. The market price is. At this price, pies are sold in this market, and each producer makespies, so there are

producers operating.

In: Economics

When he ran for President in 2000, Al Gore said that American farmland was disappearing at...

When he ran for President in 2000, Al Gore said that American farmland was disappearing at an "alarming" rate and that soon it would be impossible to grow enough food on the remaining land to feed the entire country, which would mean the prospect of people not having enough to eat. His proposed solution was to have the government place restrictions on converting farmland to other uses, such as subdividing lots for building new homes. Was Gore's assessment of the situation, along with his policy prescription, based upon accurate economic theory and analysis? Why or why not? (Note: For this question, we will assume that all food consumed in the USA is grown or produced here. Yes, I know we import food, but this question can be answered even with the assumption that we don't import any food.

In: Economics

The Federal Aviation Administration is a government agency that is in charge of air traffic control....

The Federal Aviation Administration is a government agency that is in charge of air traffic control. All of the capital equipment (radar, etc.) used by air traffic controllers is purchased through appropriations from Congress. When Apple Corporation purchases new capital equipment, the decision is made by owners and managers that believe the firm can get a return on investment from the new capital because the new capital can be used to produce new and improved goods for Apple customers. Which entity is likely to have more outdated capital and capital in need of repair or replacement? Why? Explain in detail.

In: Economics