Explain why a firm should shut down immediately when it can no longer cover their variable.For a monopoly, the marginal revenue declines as they sell more. Why?

Indicate if the following questions are True or False. Explain “Why” your answer is True or False. 1. Firms exist to produce and sell as much as possible. Why? 2. Employing economic cost/profit instead of accounting cost/profit when making business decisions tends to generate more efficient or superior economic results. Why? 3. For a monopoly, […]

Write in your own words what you have understood from the article(s) and how this relates to what you have learned in the Econ class.

Choose any topic discussed in the managerial economics class and write a 5 page essay with the following specifications. 1. Typed – Double spaced 2. Font Size – 11 or 12 3. Margins – 1 inch 4. APA formatting 5. References included The paper should consist of the following: (a) A discussion on your selected […]

Create a scatter plot with travel cost per person on the X axis and visit rate on the Y axis. Fit a line through the data and report the slope. Make sure to include your plot with your answer.

Lincoln County has hired your economic consulting firm to calculate the net benefits from recreation visits to Seal Rock Wayside. Admission to Seal Rock is currently free. You conduct some field work and initial research that yields the following information: City/Town Miles from Seal Rock Population  Number of Vehicles Estimated visitors Visit rate  4.3 Corvallis […]

Calculate additional travel time costs by calculating average travel time before and after, then calculating the difference. Then calculate total time added.

In an example for use of the Value of a Statistical Life in BCA we calculated the benefits of increasing the speed limit for a highway (Week 8). To get additional practice and a better understanding of the use of VSL, this exercise asks you to calculate the benefits of reducing the speed limit. Suppose […]

What was the name of the company and what did you purchase? Why did you choose to purchase that particular product or service? Did the company’s position on sustainability or social impact influence your purchase decision?

Complete the discussion assignment below.  have attached some course materials from this week.  use in-text citation and included a reference list. Sustainability, Social Impact, and the Bottom Line Think about a product or service you recently purchased that originated from a company whose Mission includes a focus on sustainability or social impact. In other words, […]

Identify in which scenarios the voter is indifferent between voting Yes or No, and in which scenarios the voter has a strict preference over voting Yes or No, given the contract offered by the lobbyist.

Prof. Casella Political Economy – W4370 Fall 2022 Problem Set 7 Due before class on Wednesday, November 30th via Gradescope Question 1. This question asks whether voting can play a role in solving free-riding problems in public good provision, and if so why. Imagine a small economy composed of three individuals, 1, 2, and 3. […]

Formulate, graph, and solve this decision problem. What is the minimum cost of meeting the nutrient requirements?

Linear Programming HW Answer the following questions on Linear Programming . 1. A manager has formulated the following LP problem. Draw the graph and find the optimal solution. Maximize: 10x+15y, subject to 2x+5y ≤ 40 and 6x+3y ≤ 48. 2. An athlete carefully watches her intake of calcium, protein, and calories. Her breakfast diet consists […]

What is the role that a shareholder plays in a company? Do they actually contribute anything to the corporation ?

Download and read “The Social Responsibility of Business is to Increase its Profits” by Milton Friedman which is the basis for the ‘shareholder value theory’ that would dominate business and business school thinking from the 1970s into the new century. Do you think that Friedman’s argument is valid? Some things to consider: What is the […]

What is your specific, immediate short-term career goal upon completion of your MBA?  include an intended position, function, and industry in your response.

Essay #1 (Required) – What is your specific, immediate short-term career goal upon completion of your MBA?  include an intended position, function, and industry in your response. (word limit: 100) Essay #2 (Required) – Please draft a letter that begins with “Dear Admissions Committee” (word limit: 600) This letter is meant to be your personal […]

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