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MGMT 107 Individual Assignment Question 1: (40 pts.) Suppose you have a consulting practice implementing local area networks for fraternities and sororities on your campus. 1. Consider a fraternity house. Explain how a LAN could be used to connect all of the computers in the house. Would you recommend an Ethernet LAN, an 802.11…
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10.11. Describe the terminal value of the following portfolio: a newly entered-into long forward contract on an asset and a long position in a European put option on the asset with the same maturity as the forward contract and a strike price that is equal to the forward price of the asset at the time…
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1. It is widely believed that standard neoclassical (supply and demand) economics supports free-market conclusions, while behavioral economics (game theory experiments, bounded rationality, Winner’s Curse, imperfect information models, etc.) supports government intervention. Give two counter-examples. Explain your reasoning. 2. Name one concept from this class that you believe will have the largest private benefit to…
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Question 1: (40 pts) Suppose you decide to start a business that recruits students for summer jobs. You will match available students with available jobs. You need to learn what positions are available and what students are available for filling those positions. In starting your business, you know you will be competing with local newspapers,…
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1. According to the Nash Bargaining model of employment, what is the effect of minimum wage laws on unemployment? [As always, you need to carefully explain your response. You will likely want to use graphs to aid in your explanation. You will want to use graphs in many other questions as well.] 2. Inflation in…
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CUCNY Economics Universal Basic Incomein a Modern Economy Discussion Discuss the potential advantages and disadvantages of implementing a universal basic income (UBI) in a modern economy. How might UBI impact labor markets, income inequality, and overall economic productivity?
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“Examine the relationship between inflation and unemployment, as described by the Phillips curve theory. How has this relationship evolved over time, and do recent economic trends challenge the traditional Phillips curve concept?”
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In granting (or prohibiting) proposed acquisitions or mergers in an industry, government regulators consider a number of factors, including the acquisition’s effect on concentration, ease of entry into the market, extent of ongoing price competition, and potential efficiency gains. In 2011, T-Mobile agreed to merge with AT&T at an acquisition price or $39 billion. However,…
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Concepts you should be able to explain for the exam: Comparative advantage Tariffs Quotas Social trade restrictions Regional trade agreements NAFTA European Union Common currency Balance of payments Foreign exchange market Exchange rates Currency speculation Things you should be able to do for the exam.…
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2. (20 points). Firm K is a leading maker of light-weight, water-proof outerwear. During the winter months, demand for its main line of water-proof coats is given by: P = 800 − 0.2Q, where P denotes price in dollars and Q is quantity of units sold per month. The firm produces coats in a single…