Có 140+ tài liệu thuộc chủ đề "tài liệu MBA"
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in the process appealing to his private interests. market opportunities overlooked in one period will be exploited in the next. Part and parcel of the market process is the concept of competition. Hayek, “The Meaning of Competition,” Individualism and Economic Order (Chicago:. In the following sections, we will construct a model of the competitive market and use it to explore...
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Now we will explore the determinants of the supply and demand for goods, services, and resources.. Economists attempt to capture in one word—utility—the many contributions made to our well being when we wear, drink, eat, or play something.. Group action, when it occurs, results from the actions of the individuals in the group. All rational behavior involves a cost, which...
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We will consider four types of government control: excise taxes, price controls, consumer protection laws, and minimum-wage laws. MANAGER’S CORNER: The Importance of Manager Incentives in the Minimum-Wage Debate. Political support in Congress for another hike in the federal minimum wage is growing.. Following the lead of President Clinton, who called for an increase in the minimum wage in his...
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for the sake of the general advantage it brings.. participation is voluntary to cohere and pursue the common interests of the members.. Its basic thesis is that all groups, even very large ones, are organized to pursue the common interest of the group members. This is, therefore, one of the pivotal chapters in this book.. The avowed Marxist has very...
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In conventional discussions of the. “theory of the firm,” firms maximize their profits, which is their only noted raison d’être. economic propositions that will undergird the analysis of much of the book. Coase, “The Nature of the Firm,” Economica, vol. Some economists have speculated that firms exist because of the economies of specialization of resources, a key one being labor....
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This is where any discussion of the bases for collective action must begin.. ow much should government involve itself in the marketplace? How much does business want government involvement.” These questions touch on one of the most important economic issues of our time: the division of responsibility between the public and private sectors. As we will see, businesses are not...
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The law of demand, which is a logical consequence of the assumption of rational behavior, does allow us to make predictions.. The essence of the economist’s notion of rational behavior can be summed up this way:. consumption or in saving or in some combination of the two, to maximize his. The value of the second hot dog—its marginal utility—will depend...
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The truth judgment of the moralist, which says that something is either wholly right or wholly wrong, is foreign to him. His is not the world of the mutually exclusive. When we say “that course is difficult” or “the sermon seemed endless,” we are indicating the cost of activities. Although complaints about excessive costs sometimes indicate an absolute limitation, more...
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Production Costs in the Short Run and Long Run. The firm must be able to identify what people want to buy, at what price, and to organize the great variety of available resources into an efficient production process. How does the firm do all this? Clearly firms do not all operate in exactly the same way. Accounting statements indicate the...
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Economists understand by the term market, not any particular market place in which things are bought and sold, but the whole of any region in which buyers and sellers are in such free intercourse with one another that the prices of the same goods tend to equality, easily and quickly.. Through its analysis, we should gain a deeper understanding of...
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People who are suspicious of the free market fear that too many producers are not controlled by the forces of competition, but instead hold considerable monopoly power. for monopoly is often seen as one of the gravest of all forms of failure in markets.. Whereas the demand curve of the competitive firm is horizontal (see the previous chapter), a firm...
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Therefore, it can charge slightly more than the ideal competitive price, determined by the intersection of the marginal cost and demand curves. It produces at the intersection of the marginal cost and marginal revenue curves.) The quantity sold with monopolistic competition is also only slightly below the quantity that would be sold under perfect competition, Q c . (These changes...
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At the start of the century such a task would have been relatively simple. FAA, FDA, FEA, FPC, FRS, FTC, ICC, NTHSA, OSHA, SEC – to say nothing of the various state utilities commissions, licensing boards, health departments, and consumer protection agencies. Regulation was in the 1960s and 1970s, especially, one of the nation’s largest growth industries (although there was...
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To understand why a person earns what he does, then, we must first consider the determinants of the demand and supply of labor.. that is, the quantity of work a laborer can produce in a given unit of time—is another critically important determinant of the demand for labor.. She does so by considering the value of the marginal product of...
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Today, when government production accounts for a substantial portion of the nation’s goods and services, no student of economics can afford to ignore these issues.. A study of the political process is especially important for many MBA students, mainly because a non-trivial amount of your time will be involved with seeking to change one governmental policy or another. Our discussion...
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Competition forces product prices down and spurs product development and, in the long run, restricts business profits to only the risk- adjusted profit opportunities available elsewhere. Most of the gains from trade result from allocating resources in the most efficient manner and from the reduction in the social opportunity cost—each geographic area produces and exchanges those things for which it...
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Mục tiêu nghiên cứu của luận văn này là đánh giá mức độ ảnh hưởng các yếu tố đầu vào đến hiệu quả kinh tế cây cà phê tỉnh Đăk Nông, xác định yếu tố đầu vào quan trọng tác động tới hiệu quả kinh tế, từ đó đề xuất gợi ý chính sách nhằm tăng hiệu quả kinh tế...
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2.1/ Sản xuất cà phê thế giới. 2.1.1) Xuất xứ cây cà phê. Theo trang từ điển Wikipedia (2007), từ cà phê trong tiếng Việt có gốc từ chữ café của tiếng Pháp. Như vậy có thể coi rằng họ là những người đã biết được cây cà phê.. Vào thế kỷ thứ 14 những người buôn nô lệ đã...
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Để phân tích đánh giá ảnh hưởng các yếu tố đầu vào đến hiệu quả kinh tế cây cà phê tỉnh Đăk Nông, trong phạm vi đề tài này, tác giả sử dụng hai thước đo đó là thu nhập lao động gia đình và lợi nhuận từ sản xuất kinh doanh cà phê năm 2007 (dạng hàm Cobb-douglas).. Mô...
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Theo đánh giá của Bộ NN&PTNT (2007), cây cà phê chiếm vị trí quan trọng trong nền nông nghiệp nước ta. Năm 1961, cà phê Việt Nam mới đạt 0,2% diện tích, 41% năng suất, 0,1% sản lượng cà phê thế giới, sau 45 năm diện tích cà phê Việt Nam đã đạt 498 ngàn ha, chiếm 4,7% diện tích...