How does advertising impact monopolistic competition?

1. Intuitively, do you agree with the idea that technological change and institutions improve the productivity of capital, consquently improving output per worker? Give economic logic (if possible with real life example) behind your agreement or disagreement.
2. How do policies aimed to counteract business cycle movements interact with movements in job flows, labor market matching process, and worker flows?
3. How might different institutions and policies affect employment in a labor market through varying levels of workers’ bargaining power?

Eight Ways to Build Effective Teams

Match each name with their scenario to one of the methods for building effective teams that fits best with the example

Graham - For his first team meeting, Graham bakes and decorates a beautiful batch of Holidays cookies for his teammates. His boss pulls him aside before the meeting starts and tell him that he should think about how this will be perceived; others might think he has too much time on his hands and doesn’t spend enough time on his work.

Dominique - Dominique focuses on rewarding her entire team’s performance rather than individual team members’ performance.

Carter - Carter meets individually with each of his team members every quarter to review their performance and progress toward their objectives.

Leia - As a team manager, Leia makes a point to avoid speaking unkindly of team members to other team members, and she always sticks up for team members who are treated unfairly.

Javier - Javier hires team members that represent the wide array of diversity in his company’s customer base.

Ki - Ki is careful not to put certain personalities on the same team. For example. Lauryl and Hamad are both extremely solutions-focused and have little tolerance for pleasantries, chit-chat, or other activities that help group members bond. KI usually does not assign them to the same project teams.

Oscar - Oscar Gives team members the freedom to make important decisions on matters such as team deadlines and resource allocation.

Selena - Selena hold say 15-minute informal chat session at the end of each team meeting where all team members are expected to express the things that are bothering them, issues they I'm having with team members, and so on.

Match the name to one of the method for building effective teams its scenario best exemplifies.

1. Collaboration

2. Trust

3. Performance, Goals, & Feedback

4. Motivation through Mutual Accountability & Interdependence

5. Team Composition

6. Roles: How team members are Expected to Behave

7. Norms: Unwritten Rules for Team Members

8. Effective Team Processes

how consumer spending impacts economic growth

Assume that GDP (Y) is 7,500, which is also the full employment level of real GDP. Consumption (C) is given by C = 700 + 0.75(Y – T). Investment (I) is given by the equation I = 2000 – 200r, where r is the rate of interest in percent. Taxes (T) are 500 and government spending (G) is 500. The world interest rate (r*) is equal to 4 percent.

Use the data above to calculate:

Consumption =   and National Saving =

Assuming domestic firms can borrow or lend as much as they want at the world rate of interest, Investment =  . Therefore, net foreign investment =  and net exports =   .

Do these numbers imply that this country is a net lender or a net debtor?    

Do these numbers imply that this country has a trade surplus or a trade deficit?  

If government uses an expansionary fiscal policy, will the national saving function shift right or left?

Will the change in national saving resulting from an expansionary fiscal policy cause net exports to increase or decrease?  

Imagine that your company is switching to a matrix structure . Before, you were working in a functional structure. Now, every employee is going to report to a product/team leader (Product A, B and C) as well as a department manager (ex: Marketing, Research & Development, Production, Procurement, and Finance).

Create a list of things that need to be done after the change occurs. List and explain at least 5 things/steps to do?

1. Evaluate the current trend and direction in copyright law citing examples and using appropriate references. In what ways does copyright differ from patent and trademark law?

2. What are the three main sources of data for solving marketing research problems?  Contrast primary with secondary data and explain the advantages and disadvantages of each.

A proposed project to build handicap ramps for side-load vans requires an investment of $1,500,000, to be depreciated straight-line over a five-year life to zero. Opportunity cost is 16%. Each electric ramp will sell for $22,000, with variable costs of $14,000. Fixed cost are $300,000 per year. Sales are anticipated at 500 units for the five years, or 100 per year. Ignore taxes.

The total contribution margin in dollars per year is:

A. $500,000  

B. $300,000

C. $1,100,000

D. $800,000

The NPV is ________

I like to see the work, but the answers are $800,000 and $137,147.83 respectively.

Demonstrate with a diagram, how the Monetary Authority of Singapore (MAS), using a managed float exchange rate approach as in between a fixed exchange rate and a free floating exchange rate systems, suits Singapore’s nature as a small and open economy. Note that Singapore has a high marginal propensity to import (mpm) and high marginal propensity to save (mps) to consider its policy for balance of payments.

What measures can a country take to deal with its balance of trade deficit?

P12-2 The management of Shatner Manufacturing Company is trying to decide whether to continue manufacturing a part or to buy it from an outside supplier. The part, called CISCO, is a component of the company’s fi nished product The following information was collected from the accounting records and production data for the year ending December 31, 2017.1. 8,000 units of CISCO were produced in the Machining Department.2. Variable manufacturing costs applicable to the production of each CISCO unit were: direct materials $4.80, direct labor $4.30, indirect labor $0.43, utilities $0.40.All variable manufacturing and direct fixed costs will be eliminated if CISCO is pur-chased. Allocated costs will have to be absorbed by other production departments.3. Fixed manufacturing costs applicable to the production of CISCO were: Cost Item Direct Allocated Depreciation $2,100 $ 900 Property taxes 500 200 Insurance 900 600 $3,500 $1,700 4. The lowest quotation for 8,000 CISCO units from a supplier is $80,000.5. If CISCO units are purchased, freight and inspection costs would be $0.35 per unit, and receiving costs totaling $1,300 per year would be incurred by the Machining Department.Instructions(a) Prepare an incremental analysis for CISCO. Your analysis should have columns for (1) Make CISCO, (2) Buy CISCO, and (3) Net Income Increase/(Decrease).(b) Based on your analysis, what decision should management make?(c) Would the decision be different if Shatner Company has the opportunity to produce $3,000 of net income with the facilities currently being used to manufacture CISCO? Show computations.(d) What nonfi nancial factors should management consider in making its decision

b

c

d