Questions
Explain the differences among the frictional, structural and cyclical forms of unemployment. Word Limit: Maximum 250...

Explain the differences among the frictional, structural and cyclical forms of unemployment.

Word Limit: Maximum 250 words

In: Economics

The utility possibility frontier for two individuals is given by UA + 2UB = 200. (2...

The utility possibility frontier for two individuals is given by UA + 2UB = 200.

  1. On the graph paper provided, plot the utility possibility frontier.
  1. Based on the function W (UA, UB) =max{UA, UB} on the utility possibility frontier in part (a), in order to maximize a Nietzschean social welfare function, what should be the values of UA and UB?
  1. If we use a Rawlsian criterion, W (UA, UB) =min{UA, UB}, in order to maximize the social welfare function, what should be the values of UA and UB?
    1. If the social welfare is given by W (UA, UB) = UA1/2, UA1/2, in this case, with the utility possibility frontier in part (a) what should be the values of UA and UB if social welfare is to be maximized?
    1. On the same graph plotted in part (a), show the three social maxima by drawing a Nietzschean isowelfare line through the Nietzschean maximum, a Rawlsian isowelfare line through the Rawlsian maximum and a Cobb-Douglas isowelfare line through the Cobb-Douglas maximum.

In: Economics

Suppose now that market demand for skiing increases to Qᴅ = 9000 − 60p because of...

Suppose now that market demand for skiing increases to Qᴅ = 9000 − 60p because of environmental regulations neither Pepall Ridge nor Snow Richards can increase their capacities and serve more skiers beyond their current level of 1,800.
What is the Nash equilibrium price outcome for this case? The constant marginal cost is 10.

In: Economics

The shift to the information economy has changed the role of the manager in today’s organization.  ...

The shift to the information economy has changed the role of the manager in today’s organization.   Research has demonstrated that a majority of workers in this new knowledge economy are knowledge workers or workers whose work output is the result of thinking versus a physical process. Discuss what skills today’s managers need in the knowledge economy that weren’t required a decade ago?

In: Economics

a) Derive the short-term cost function from the production function. b) What is the relationship between...

a) Derive the short-term cost function from the production function.
b) What is the relationship between cost and supply function?
c) Show that when profit is maximized, a company chooses the production quantity, where marginal revenue and marginal cost are the same.
d) Show the market result in the case of a monopoly with deadweight loss that goes with it.

In: Economics

what is human security ? and R2P ,and Humanitarian intervention in 21st century ? Need to...

what is human security ?

and R2P ,and Humanitarian intervention in 21st century ?

Need to write a report of 1000 words ASAP

In: Economics

The achievements of full employment is a sufficient condition for the achievement of economic growth. Evaluate....

The achievements of full employment is a sufficient condition for the achievement of economic growth. Evaluate.

Word Limit: Maximum 250 words.

In: Economics

What was the fundamental moral mistake made by Ford? Is it related to utilitarianism? Considering that...

What was the fundamental moral mistake made by Ford? Is it related to utilitarianism? Considering that this story wound being very expensive for Ford (due to not just bad publicity but also the fact that it has paid out millions to settle damage suits out of court), might Ford have done a different long-term cost-benefit analysis? Insurers place dollar values on human lives all the time—otherwise they would go out of business. When is it permissible to assign a cash value to a human life and when not? What differentiates between cases?

In: Economics

We want to be local and global, small and big, radically decentralized with central reporting and...

We want to be local and global, small and big, radically decentralized with central reporting and control. If we can solve those contradictions, we can create real organizational advantage'. - The former CEO of ABB

Questions:
1- Based on the international corporate strategy, how can a company be local or global?
2- Does the corporate strategy (local or global) depend on the sector, customers or industry?
3- How can companies solve the contradictions of being local and global?

In: Economics

introduction to business Why do some businesses intentionally have higher prices for the same product than...

introduction to business

Why do some businesses intentionally have higher prices for the same product than other businesses?

In: Economics

Ericsson as a CRM System. Explain the following. • What is their Social media integration? •...

Ericsson as a CRM System. Explain the following.

• What is their Social media integration?

• What Modules do they use?

• Is there any Integration with existing / Legacy applications

• What is unique with their price and Why buy it?

• Who are their Clients?

In: Economics

How should a company change production quantity in order to maximize total proft. If the compnay...

How should a company change production quantity in order to maximize total proft. If the compnay changes it's Q by 2,5 units acording to your answer calculate profit.

In: Economics

If a project costs ​$70000 and is expected to return $16000 ​annually, how long does it...

If a project costs ​$70000 and is expected to return $16000 ​annually, how long does it take to recover the initial​ investment? What would be the discounted payback period at i=14​%?

Assume that the cash flows occur continuously throughout the year.

The payback period is ? years. ​(Round to one decimal​ place.) The discounted payback period at i=14​% would be ? years. What are the ?'s

In: Economics

Compare regulatory controls and economic incentives. Do we need both?

Compare regulatory controls and economic incentives. Do we need both?

In: Economics

Suppose an economy under fixed (pegged) exchange rates is currently facing: (i) a balanced current account...

Suppose an economy under fixed (pegged) exchange rates is currently facing: (i) a balanced current account (NX = 0), (ii) a negative output gap (excess unemployment), and (iii) a balanced budget. (a) Using an NX/ (S-I) model depict the above situation in relation to the internal and external balance diagrammatically. (b) Now suppose as an advisor to the government your recommendation is to employ an expenditure-changing policy to attain the Internal Balance. Explain in details what this policy is made up and what the consequences of your recommendations will be. Show diagrammatically and explain fully. (c) In light of your answer to part (b) would you agree with this statement? “A trade deficit and low savings go hand in hand.” Evaluate fully. (d) Defend this proposition “attaining the two policy objectives of internal and external balance requires two polices”. Explain and illustrate diagrammatically.

In: Economics