See the attached file. 2. John owns one of many franchise ice cream stores located across the country. John doesn't like to work evenings and hires Marcy to work the store in the evening for $7.50 per hour. Marcy's friends come by each evening to visit with her and she gives them free cones. Is this an adverse selection problem
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According to Cahner's In Stat Group, the number of worldwide wireless phone subscribers will soon reach 1 billion. In the US alone, the number of subscribers is expected to rise by 17 million per year for the next 5 years. Contributing to the extensive growth are lower prices, larger geographic coverage, prepaid services, and
1. An article in the Wall Street Journal reported that large hotel chains, such as Marriott, are tending to reduce the number of hotels that they franchise to outside owners and increase the number the chain owns and manages itself. Some chains are requiring private owners or franchisees to make upgrades in their hotels, but the
What is a public good? Provide examples. What issues are involved in determining the value of public goods to society?
Why do perfectly competitive firms make zero economic profit in the long run?
A HR Director for a medium size public corporation. Under the Americans with Disabilities Act are the following employees entitled to a "reasonable accommodation" and, if so, what would be "reasonable": 1. An executive secretary who suffers profound hearing impairment. 2. A current employee seeking promotion to shift leade
Government sponsored job training program is no different from any other form of resource transfer since resources have been taken from higher valued uses to a lower valued use
Discuss the following from an economic perspective and give numerical examples: Government sponsored job training program is no different from any other form of resource transfer since resources have been taken from higher valued uses to a lower valued use.
To what extent do you think normative economic analysis, as opposed to positive economic analysis, determines our nation's economic public policy decisions made by government? Why? Is that "good" or "bad"? Why?
Who are the winners and losers when the government implements tariffs and quotas?
Will Truman and Associates, LLC is a successful Manhattan based law firm. Worker productivity at the firm is measured in billable hours, which vary between partners and associates. Partner time is billed to clients at a rate of 250 per hour whereas associates time is billed at a rate of 125 per hour. On average each partner
A project has a cost (projected outflow of ($14,000) in year 0. This project has the following projected inflows in years 1-5: year 1 $ 2,000 year 2 $ 4,000 year 3 $ 7,000 year 4 $ 7,000 year 5 $ 7,000. When is the pay back? (year / months)___________________ If this firm has
I need about a powerpoint, using the last quarter gdp information (graphs) for the USA..to predict what the fed will do to interest rates in the next meeting.
Market Structure and Policy. See attached file for full problem description.
Imagine that you're on vacation in Russia, when suddenly you're arrested and accused of spying for the US. (You're innocent, of course). Your captors inform you that if you confess, you'll receive a prison sentence of two years, while your co-conspirator (whom you've never heard of) will receive a prison sentence of twenty years
A hotel owner, having heard that new hotels plan to open in the area, says, "We have too many hotels in this town already. Statistics show that vacancy rates average 20 percent on any given night." Assuming his statistics are correct, evaluate his negative assessment of the situation in terms of business-stealing and product-var
Ross owns 918 shares of Flag Fabric Co. There are 13 directors to be elected. 31,000 shares of common stock are outstanding. There is cumulative voting. a. How many votes can be cast for directors? b. How many votes does Betsy control? c. What percentage of the vote does Betsy control?
Here are several assertions about typical corporate dividend policies. Which of them are true? Write out a corrected version of any false statements. a. Most companies set a target dividend payout ratio. b. They set each year's dividend equal to the target payout ratio times that year's earnings. c. Managers and investors s
Two basketball players, Barbara and Juanita are the best offensive players on the school's team. They know if they "cooperate" and work together offensively feeding the ball to each other, providing screens for the other player, and the like they can each score 12 points. If one player "monopolizes" the offensive game, while t
Please read the attached article and answer this question: What do you think will happen after Tuesday's meeting?
Suppose the 2 rival "Super Stores", Walmart and Target both adopt price matching policies. If people can find lower advertised prices on any items they sell, then they will match the lower prices. Explain why this policy might not be good news for consumers.
Need some good ideas on a solution to the following problem. How can we pay for this solution? Cuts in present programs or new taxes? Is there any thing we could change in our current U.S. constitution to implement a possible solution to the following problem? America spends more on each student in public education than any o
Your previous response seems good and logical but I would feel more comfortable if the additional information I am going to give would change your response in any way. You already know the market percentages for General Motors, Ford, and Bmw. Let me give you the figures for the remaining companies:DaimlerChrysler(14%)Toyota(11%)
What is the definition of economics?