2. What is meant by technological advance and how does the
concept impact firms in the...
2. What is meant by technological advance and how does the
concept impact firms in the long run? Distinguish between
invention, innovation and development and provide an example of
each.
What is meant by technological advance and how does the concept
impact firms in the long run? Distinguish between invention,
innovation and development and provide an example of each.
B. What is meant by ‘The Tragedy of the Commons” and how does it
impact the issues of pollution and resource depletion? Make sure
you deal with how it serves to create certain types of
production.
What is meant by the insurance concept that risks are pooled
or shared? How does each business benefit from pooling risks? Are
there any disadvantages to a business from pooling its risks with
others?
What is meant by the insurance concept that risks are
pooled or shared? How does each business benefit from pooling
risks? Are there any disadvantages to a business from pooling
its risks with others? (typing please, thank you)
What is meant by tax incidence? How does this concept apply to
who actually pays a sales tax? Illustrate your answer graphically
to show how a sales tax can be evaluated.
Derivatives and risk management: OPTIONS PRICING
-What is meant by put-call parity?
-How does the concept of a synthetic call (i.e. long call and a
long put) set the stage for put-call parity?
-How does this result in an equilibrium value for a put
option?
What is meant by disparate treatment? What is meant by
disparate impact? What is the difference between disparate
treatment and disparate impact? How can a claim of disparate impact
be demonstrated?Please list reference.