Business, 24.06.2019 16:00 olejlund8073
The international property rights index (ipri) scores countries based on the legal and political environment and how well property rights are protected. the following table lists the ipri scores and gdp per person in 2014 for six countries. ipri score gdp per person (current us dollars) norway 8.3 97,307.4 singapore 8.2 56,284.6 united kingdom 7.8 46,322.0 brazil 5.5 11,384.4 algeria 4.1 5,484.1 bangladesh 3.4 1,086.8 countries with better property rights protection generally have income per person than those with poor property rights enforcement. what can the government of a relatively poor country do to promote economic prosperity? check all that apply. encourage transmission of knowledge by removing patents and copyrights. encourage its officials to facilitate business operations and encourage investment by accepting bribes. establish and enforce strong property rights.
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Business, 22.06.2019 19:00
Andy purchases only two goods, apples (a) and kumquats (k). he has an income of $125 and can buy apples at $5 per pound and kumquats at $5 per pound. his utility function is u(a, k) = 6a + 2k. what is his marginal utility for apples and his marginal utility for kumquats? andy's marginal utility for apples (mu subscript a) is mu subscript aequals 6 and his marginal utility for kumquats (mu subscript k) is
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Business, 22.06.2019 20:20
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Business, 22.06.2019 23:30
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Business, 23.06.2019 02:10
You are the owner of a local honda dealership. unlike other dealerships in the area, you take pride in your “no haggle” sales policy. last year, your dealership earned record profits of $1.5 million. however, according to the local chamber of commerce, your earnings were 10 percent less than either of your competitors. in your market, the price elasticity of demand for midsized honda automobiles is 4.5. in each of the last five years, your dealership has sold more midsized automobiles than any other honda dealership in the nation. this entitled your dealership to an additional 30 percent off the manufacturer’s suggested retail price (msrp) in each year. taking this into account, your marginal cost of a midsized automobile is $11,000. what price should you charge for a midsized automobile if you expect to maintain your record sales?
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The international property rights index (ipri) scores countries based on the legal and political env...
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