1- When the Income
increases in the case of Giffen goods , what do you think will
happen to the demand
…illustrate your
answer with graph .
2-
Do you think the monopolist acts as profit maximizing ( price ,
cost ) ? illustrate your answer with graph
What is the difference between normal goods and inferior goods?
A giffen good is one that has an upward sloping demand curve -- as
price increases so does quantity demanded. Is a Giffen good always
a inferior good? Why or why not? Can you give an example?
1.
What is a Giffen good and what is a Veblen good? What are price and income elasticity of demand of a Giffen good and a Veblen good?
2.
Explain how a firm in a perfect competition market decides the optimal quantity of production.
The Lehman Brothers' case
What do you think was the cause for the bankruptcy of the
former 4th largest investment bank in the US?
Why was the SEC unable to prove that they violated accounting
practices?
If the demand for good A
increases
when
the price of good B increases,
then goods A and B are
A.
unrelated goods.
B.
complements.
C.
substitutes.
D.
There is not enough information to make a determination.
6. When you think of investing in real estate, what economic
factors do you think are responsible for returns in the REIT
market? Do you think REITs belong in your portfolio and why?
1. Think of an occasion when you faced a
miscommunication problem. What do you think caused the problem? How
do you think it should have been handled better?
2. Have you ever not given someone
information or opinions that perhaps you should have? Why? Was it
the right thing to do? Why or why not? What would cause you to be
glad that you provided (or withheld) negative or difficult
information? What would cause you to regret providing/with-holding
it
3. Think back...
What is the main reason for the US imposing tariffs on Chinese
goods? Do you think imposing tariffs will accomplish this goal? Why
/ why not? Are there other viable options the US could use instead
of tariffs that could achieve better results?
?
What do you think the psychological testing should measure
especially in this case and is it necessary for this job?
(facebooke)
In every selecting process, HR managers look for a fit. Which
fit is more applicable to this case and why?
(facebooke)
Facebook should standardized their testing to ensure
reliability. Can you explain this further?
answer them after reading the case
Qn#4: Psychological testing did not seem to be part of
Facebook's selection process. How might it use this testing,...
What factors do you think are important when developing a total
cost model? What do you think might be the greatest barriers to
developing a total cost of ownership measurement system?