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Identify and describe an incentive conflict at your business or somewhere you have worked or attended school. What would you change to resolve the conflict?
Business Economics, Economics
A cell phone company offers 15 different voice packages and 15 different data packages. Of those, 6 packages include both voice and data. How many ways are there to choose either voice or data, but not both?
What is Marginal Revenue? For both Perfect Competition and Monopoly, explain the relationship between marginal revenue and demand.
Assume student employees at wmu make an average of $12 an hour with a standard deviation of $3. Assuming these hourly wages are normally distributed. What is the chance a randomly selected student employee makes more tha ...
How does the "percent below poverty level" compare to the national rate? What factors are causing your county poverty rate to differ from (or equal) the national poverty rate?
The ABC movie theater has 300 seats. In a typical month, 25 percent of the seats are sold. The price elasticity is estimated to be -0.9. The price of a ticket is $8.00. The manager wants to increase the attendance to 30 ...
Describe the difference in economic profit between a competitive firm and a monopolist in both the short and long run. Which should take longer to reach the long-run equilibrium?
Identify a recent merger/acquisition and use it to and explain: was the merger/acquisition predominately about gaining economies of scale or economies scope?
The poverty line for a family of 4 in 2011 was around 23K. Do you think this is a fair assessment of the poverty line, and Can a family live on 23K without help?
What is the difference between a positive economic statement and a normative one
Naomi always eats bagels with 1 ounce of cream cheese. Each bagel eaten in this way provide 15 units of utility. Excess cream cheese or excess bagels do not add to Naomi's utility. Explain the nature of Naomi's utility f ...
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Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate
Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p
Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As
Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int
Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As