Essays on Samuelson

A. Beyond the merits of the case, the chances of Edie in winning this case depend completely on the investigation of the behaviour of the defendant as the reasonable person in the similar conditions. This approach is regarded as the main pillar of the tort law that is used for the determination of the liability between the parties during legal proceedings. With that, it should be noted that there are several cases when the applicant faces difficulties in proving fault for slip and fail accidents. There are several conditions that should be met established and proved in order to ...

Abstract

An element of bias in any decision making process may be triggered off by various factors. One factor that can have a profound impact is the deeply ingrained value system of the decision taker. A conservative interviewer might find the dress of a lady candidate too ‘loud’ and that may color his decision to select the candidate. Such biases can at best be minimized and cannot be ruled out completely. Decisions are often termed as rational choices (Samuelson & Zeckhauser, 1988). Selecting the best choice highlights the rationality behind the decision making process. One can try to impersonalize the decision ...

Introduction. Short mentions of the history of Samuelson Multiplier-Accelerator Model or the Hansel-Samuelson Model and the idea of the paper. Thesis statement. Models based on the interaction between the accelerator and multiplier are models of Keynesian sense and describe the process of economic transition from one equilibrium state to another when exogenous parameters change. Samuelson Multiplier-Accelerator Model is a model of the business cycle, in which the mechanisms of market fluctuations are explained on the basis of the principle of acceleration and the multiplier concept.

Main body.

Basis of the Samuelson Multiplier-Accelerator Model: Samuelson Multiplier-Accelerator Model includes only the market of ...

The ethical implications of the scenario, how to solve them and the necessary ethical theories of the same

The implications of this scenario have a significant impact as it tends to undermine the social compact the Company has with its stockholders, the consumers and the entire society. Though the CEO promises a salary increment, agreeing to the request of the company CEO goes against the conduct of ethics and social responsibility that requires a company to do the right thing and avoid illegal actions to make more money (Guthrie, 2012). From the perspective of social ethics, the action is highly unethical and does not embody the virtues of honesty, morals, and reputation. Furthermore, it fails to uphold ...

Introduction

Business growth requires the adoption of various corporate levels strategies such as diversification into new markets. With that, it is necessary to identify the most suitable market regarding market demand and policies. That is because the country’s productivity determines the living standards, hence, the demand while policies determine ease of doing business and the productivity level. In that view, this report presents a recommendation and analysis of the most suitable country for Apple to expand to for its iPhone brand. To achieve the objective, the report presents a summary of the country of choice followed by an overview ...

Abstract

Wesco International Inc, which is an American publicly traded company currently, operating in the U.S. The company supplies electrical and repair products and is based in Pittsburgh, Pennsylvania. Most of the company’s business is conducted in the United States. This article provides a microeconomic analysis by reviewing the current demand and supply situation of the company as well as the involved costs of production and recommended strategies that the company could adopt to gain a competitive power.

Introduction

Maintaining successful operations is a hard task for multinational corporations especially in the current market trends and fluctuating customer demands. However, ...

Energy gel case:

Overview HPC is a company in the energy foods industry. Currently, the company has three arms, food, drinks, and international operations. The company sells energy drinks as well as the quick-pro energy bar. The head of business development Harry Wickler has come up with a comprehensive business plan for the introduction of energy bars in the market. However, there have been problems because not everyone agrees with his reasoning. In particular, Mark Leiter the head of the quick-pro energy bar product disagrees with Wickler’s cost calculation for the introduction of the new product as well as the cost ...

Gupta and Goldfajin defined a tight monetary as “a case in which real interest rates in the aftermath of the crises are higher than the average real interest rate during the 24 months preceding the crises”(Goldfajn and Gupta, 1999, p.4). The primary objective of ensuring that the monetary policy is tightened is to make sure that the supply of money in the economy is reduced and also to ensure a conducive environment for businesses. For a commercial bank to lend money, there are a lot of factors that it considers. Some of the factors include the volume of ...

Insurable interest

Jeff had an insurable interest in the building at the time of the loss. Jeff owns the building and stores its inventory as well as operating a restaurant in the building. When fire destroyed the building, Jeff suffers a financial loss including the loss of revenue from the restaurant business. Therefore, he has an insurable interest in the building. Richard does not have an insurable interest in the building at the time of the loss. A person can only have an insurable interest in a property if the loss or damage to the property results in a financial loss ...