the market price p for one unit of SOMA will be 9 − (Q1 + Q2). For example‚ if firm 1 builds 2 plants and firm 2 builds 4 plants‚ the market price will be 9 − (2 + 4) = 3 per unit. At this price firm 1 will make a profit of 2 × 3 − 2 × 3.5 = −1 while firm 2 will make a profit of 4×3−4×3.5 = −2. Assume‚ no firm will build more than 4 plants. Cost (Q) = 3.5 * Q Price = 9 -(Q1+Q2) 1. Set up a 4-by-4 table that records the profits of each firm for each possible choice of the number of plants to
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economy. Trump backed his stance by nominating Fast food executive Andrew Puzder as his first pick for Secretary of Labor. Andrew Puzder shares Trump’s views on minimum wage by criticizing $15 minimum wage increase‚ arguing that increased wage would lead to job loss and increased prices for consumers. Locally Connecticut governor Dannel Molloy has increasing minimum wage from $8.70 in 2014 to $10.10 in 2017 making Connecticut the first
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wrong in which values are in conflict (Trevino & Nelson‚ 2006). To define business ethics and to explain three ethical issues with today’s business environments that impact the communities and organizations that we‚ live and work in can be overwhelming. But one can do this by thinking about how ethical behavior affects the decisions in everyday life in the community that they live in or the organization that they work in. According to Trevino and Nelson (2006) the definition of ethics is the set
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Ethical Values in Accounting University of Phoenix Management MGT/521 March 26‚ 2011 Ethical Values in Accounting Ethics in accounting is of greatest significance to accounting professionals and those who rely on their services. “On a personal level‚ everyone must answer the following question: What is my highest aspiration? The answer might be wealth‚ fame‚ knowledge‚ popularity‚ or integrity. But if integrity is secondary to any of the alternatives‚ it will be sacrificed in situations
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Personal Values Short Answer Assignment Instructions: Please personally respond to the following three areas regarding the development of your own personal values in paragraph form. Please type in your personal response below each question (expand the space accordingly). Post your completed assignment as an attachment using the Assignments tab. Please be brief (only a paragraph or two per question). This is not an essay. :) Describe what your values are. My values to me are defined
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Case 18: Worldwide Paper Company INDIVIDUAL QUESTIONS Case Questions: 1. What are the yearly cash flows that are relevant for this investment decision? Do not forget the effect of taxes and the initial investment amount. (Submit an excel spreadsheet into D2L containing your computations.) Worldwide Paper Company (WPC) has an opportunity to take on a new project. With this project they would be considering an addition of a new on-site Longwood wood yard. The yearly cash flows for this investment
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Ethics in fashion Brands such as Hollister‚ Superdry and Jack Wills are in high demand at the moment. These fashion giants make billions of pounds a year selling top of the range clothing‚ specifically designed for 14-18 year olds. These brands all follow strict ethical policies‚ for example Jack Wills is part of the Ethical Trading Initiative‚ which is an alliance of companies working together to improve the lives of poor and vulnerable workers in the countries in which these clothes are produced
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UG2 Marketing Sales Promotion Sales promotion is one of the five aspects or elements of promotional mix. Promotional elements are advertising‚ personal selling‚ public relations‚ sales promotion and direct marketing. Sales and promotion is the fourth one. Sales promotion is a fast process that makes the people to be aware of some kind of good and services and increases their interests in buying those good or service‚ sales promotion is for all kind of customers. Sales promotion is one of
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Ethics of the Tobacco Industry The tobacco industry is a very unethical industry‚ due to the long term effects of tobacco on humans. The industry also does not assess the ethical and social responsibility the best way that it should. There are many factors that make the industry unethical; some of the reasons are the way the cigarette companies around the world Advertise‚ the way governments and cigarette companies make a huge profit from the sales of cigarettes‚ and the labeling health risks
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19 1. Worldwide Paper Company has an opportunity to take on a new project. With this project they would be considering an addition of a new on site Longwood wood yard. The yearly cash flows for this investment seem to be very good if everything remained or exceeded the assumptions on which the cash flows $18 million is not a small investment but in the long run the company catching up to get back the invested money and also allowing them to make huge profits. The company is paying a 40% tax from
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