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Show the short-run impact of a $2 per unit excise tax imposed on firms in a competitive industry. (Assume the industry is in equilibrium before the tax was imposed.)
How would the long-run results differ? What is the impact on efficiency of the tax?
Business Management, Management Studies
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Suppose that the price of a product falls from $70 to $60, and the quantity demanded as a result increases from 30 units to 40 units. Calculate the price elasticity of demand for this product. Is the product elastic, ine ...
1. Why is strategic control important in the strategy implementation process? 2. What are the four major types of strategic control? 3. What are the pros and cons of each?
A chemical company is interviewing two people to become its risk manager. One has a background of management positions chemical refineries. The other has a background providing risk management consulting services to depa ...
What is transformational leadership; what are its characteristics and are there cautions that should be aware of?
When it comes to Business strategy we often use an acronym SCA as an end state to our strategy. What does SCA stand for and how do we establish it?
1) Many employees are unwilling to relocate because they like their current community, and their spouses and children prefer not to move. Yet employees need to develop new skills, strengthen skill weaknesses, and be expo ...
Describe the differences between top-down and bottom-up budgeting.
In class we were discussing the importance of collaboration within a group structure. Can you help explain this concept to me.
Management and consulting 1. What is 'flawless consulting'? 2. Describe the problem analysis approach? 3a. What is positive defiance? 3b. Explain one positive implication of positive defiance? 4. Look at BDO Internationa ...
Explain the Equity theory (Adams). Why would an administrative worker be better motivated by the Equity theory?
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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