What is the relationship between information and decisions... bad or good? Think of fun dates versus bad dates, divorces, stock purchases, etc. Acquisition of information is a real cost! Economists call such costs "transaction costs."
In: Economics
Describe how the trial unfolded. What was the defense strategy for the factory owners? What was the trial outcome?
In: Economics
Explain how the expected rate of return and the risk of an individual asset are measured.
In: Economics
Draw a neatly labelled LRAC curve with at least 3 SRAC curves contained within it and explain how LRAC is used as an output planning mechanism for how much a firm should produce.
In: Economics
Actual aggregate expenditure or output (Y) |
Consumption (C) |
Planned investment |
Government spending (G) |
Net exports (NX) |
Unplanned investment (inventory change) |
Future output tendency |
350 |
200 |
60 |
90 |
60 |
||
400 |
220 |
|||||
450 |
240 |
|||||
500 |
260 |
|||||
550 |
280 |
In: Economics
Actual aggregate expenditure or output (Y) |
Consumption (C) |
Planned investment |
Government spending (G) |
Net exports (NX) |
Unplanned investment (inventory change) |
500 |
300 |
150 |
100 |
50 |
|
600 |
350 |
||||
700 |
400 |
||||
800 |
450 |
||||
900 |
500 |
||||
What is the expenditure multiplier in this economy
In: Economics
a) Change the right-hand-side value of one of the constraints.
Be sure that, the updated
tableau is infeasible, and you are applying Dual Simplex Method.
(Find a change that will
make the new tableau infeasible.)
b) Change the objective function coefficient of one of the decision
variables. Be sure that,
the updated tableau is non-optimal, and you are applying Simplex
Method. (Find a
change that will make the new tableau non-optimal.)
c) Find the validity range for one of the constraint’s
right-hand-side value.
d) Find the optimality range for one of the decision variable’s
objective function coefficient.
e) Add a new ≥ constraint into the model. Be sure that, the new
constraint is not satisfied by
the current optimal solution and you are applying Dual Simplex
Method. (Add a ≥
constraint that will make the new tableau infeasible.)
f) Add a new decision variable into the model. Be sure that, the
new tableau is non-optimal,
and you are applying Simplex Method. (Add a new decision variable
that will make the
new tableau non-optimal.)
In: Economics
In: Economics
Based on Metabical Forecasting Demand Harvard Case:
1) An Introduction describing the market the firm is competing
in.
2) Identifying the Challenge(s) facing the firm
3) Strategic Alternative(s) available to the firm
4) Decision: Recommended Action(s)
5) Lessons learned from the case
In: Economics
Suppose New York wants to build a new facility to replace Madison Square Garden. Assume that the cost of building a new arena in midtown Manhattan is $2.5 billion and that all the costs occur right away. Also assume that New York will receive annual benefits of $110 million for the next 25 years, after which the new arena becomes worthless. Does it make financial sense to build the new facility if interest rates are 6 percent? At what interest rate will we be indifferent between accepting and rejecting this project? Make sure to show your work.
In: Economics
Describe the global marketers’ considerations and adjustments of research methodologies when conducting research.
In: Economics
The franchisor from which Eric decides to take a franchise is called Fishy Fishy Fries, Inc.. Fishy Fishy Fries imposes on its franchisees’ certain standards of operation, personnel training methods and procedures for the dismissal of “unsatisfactory” employees. Discuss the issues raised by the desire of a franchisor to exercise a degree of control over its franchisees.
In: Economics
please fully explain the purpose of the Federal Trade Commission (FTC). Also, explain some of the methods used to enforce the commission's authority. Also, give five examples when the FTC will take action
In: Economics
Essay question:
Consumer Behavior is influenced by different factors. Explain giving examples of these factors in short notes, showing the importance of studying consumer behavior.
In: Economics
Actual aggregate expenditure or output (Y) |
Consumption (C) |
Planned investment |
Government spending (G) |
Net exports (NX) |
Unplanned investment (inventory change) |
Future output tendency |
350 |
200 |
60 |
90 |
60 |
||
400 |
220 |
|||||
450 |
240 |
|||||
500 |
260 |
|||||
550 |
280 |
In: Economics