10. Discuss a short-term plan for a perennially losing team and identify specific steps that could be taken to increase income or generate victories
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True or False? George Soros recently pointed out in the San Francisco Chronicle that although international trade leads to overall gains for the whole population, there are some individuals who lose from international trade. An excellent illustration of this idea is represented by the Ricardian model. Explain with reasons.
In: Economics
Congratulations on your new job in the Major League Lacrosse (MLL) front office. The league currently has 8 teams in the US and Canada, located mainly on the East Coast. This budding league is busy trying to find a team west of the Mississippi to help the Denver Outlaws find a rival. They could move a current team west or they could add an additional team. (d.) Some of the teams have talked about disbanding the league and just operating as independent teams. How can you convince them that leagues are important? Give 3 examples of things that individual owners CANNOT do by themselves, but leagues can accomplish? Name 3 things owners COULD do, but they do better as a league?
In: Economics
Congratulations on your new job in the Major League Lacrosse (MLL) front office. The league currently has 8 teams in the US and Canada, located mainly on the East Coast. This budding league is busy trying to find a team west of the Mississippi to help the Denver Outlaws find a rival. They could move a current team west or they could add an additional team. a) Some owners have recommended eliminating the playoffs and just crowning the regular season leader as the league champion. Why might this be a bad idea? Why would some owners think this is a good idea?
In: Economics
In: Economics
The following is the winning percentage for NFC West and NFC East. The benchmark standard deviation for NFL is 0.125.
NFC West |
Winning Percentage |
NFC East |
Winning Percentage |
Seattle Seahawks |
.813 |
Dallas Cowboys |
.656 |
AZ Cardinals |
.688 |
New York Giants |
.469 |
LA Rams |
.531 |
Washington Redskins |
.250 |
SF 49ers |
.438 |
Philadelphia Eagles |
.125 |
Using the data above, fill out the following table. Show your work.
NFC West |
NFC East |
|
Actual standard deviation σ = |
||
Non-Scully measure |
||
Which conference is more balanced? Why? |
Make sure to clearly mark each of your answers or you can try to make a table using the Blackboard Text Editor:
(Example)
Actual standard deviation σ = /NFC West:
Actual standard deviation σ = /NFC East:
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UD creamery is selling 500 cones a day for an average of $5 a cone. The elasticity of the demand is -10. How can the creamery make more money? Suggest a new price and calculate the quantity sold for that price, and show that revenues go up. What will happen if elasticity is -1?
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Give one example of a perfectly competitive team and one example of a monopoly team. Explain.
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1. suppy curve PQ=4
(1) P=4, Q=?, TR=?, the price elascity=?
(2) P=3 Q=?, TR=?, the prics elascity=?
2. suppy curve P=4/root(Q)
(1) P=4, Q=?, TR=? The price elascity=?
(2) P=3 Q=?, TR=? The price elascity=?
I want detailed explanation, thank you very much??
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a. “Industrialised countries such as the United States of America, Germany, France and the United Kingdom dominate world trade.” Can you relate this statement with one of the recent theories/models of international trade which predicts that more trade will take place between similar countries? What assumptions of the factor proportions model does this theory violate? Explain your answers.
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In the The honor killing
of Shafia Family, plz analysis the costs: monetary, psychic, time,
expected punishment(use ur own word ,type for me,thank u)
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Im struggling to understand this essay prompt for a 5 page paper.
Much of the third section of the course has focused on uneven development as “the spatially and temporally uneven processes and outcomes (socioeconomic and physical) that are characteristic of, and functional to, capitalism.” Drawing on the course materials, please explain how scholars have
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In: Economics
Part 1
Calculate the missing values in the table below. Then answer the questions that follow it. GDP are in billions of dollars and the Consumer Price Index (CPI) is a percentage. CPI for 2001 is 98.6
Year Nominal GDP CPI RealGDP ri
2002 $10,469.58 Billion 100.0
2003 $10,971.34 Billion 102.3
2004 $11,734.30 Billion 105.0
2005 $12,601.00 Billion 108.6
All figures must be calculated to 2 decimal places and in the correct formats on a separate paper. You must show your work for all calculations in order to receive credit for the problem. DO NOT FILL IN THE TABLE. WORK PROBLEMS ON SEPARATE PAPER AND PRODUCE ANSWERS THERE!
a. Has there been any span of years, IN ONE YEAR INCREMENTS, within the table over which nominal GDP changed in one direction, but real GDP changed in the opposite direction? (Examples of what a span of years is, that are not included in this table would be 1990-1991 or 1996-1997.) Explain why or why not.
b. Has there been inflation over each span of years in the table? Explain why or why not.
Part 2
Exchange rate sample problems:
STARTING RATE LATER AFTER TIME HAS PASSED
a. Rate I: USD $1.54 = GBP £1.00 Rate II: USD $1.39 = GBP £1.00 PJeans (US Export) = USD $35.00 PSuit (UK Export) = £180.00
b. Rate I: USD $1.28 = EUR €1.00 Rate II: USD $1.45 = EUR €1.00
PDesk (US Export) = USD $345.00 PCoffee Maker (EU Export) = €50.00
c. Rate I: USD $1.00 = CNY 9.20元 Rate II: USD $1.00 = CNY 8.75 元
PBushel of Corn (US Export) = USD $45.00 PFlat-Screen TV (Chinese Export) = 12,500.00 元
Calculate the price of each nation’s exported good in terms of the other nation’s currency for BOTH EXCHANGE RATES (THERE WILL BE 4 CALCULATIONS IN EACH SECTION a, b, and c AS A RESULT). For Each Problem, based upon how the prices change from rate I to rate II, determine for each nation the impact on Net Export Spending,Total Spending, GDP, and AD. Make sure TO USE THE APPROPRIATE CURRENCY SYMBOLS FOR THE BRITISH POUND, THE EURO, AND THE CHINESE YUAN RENMINBI.
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In: Economics