REPORT- PRACTICAL CASE 1
Using the tool Solver in Excel we have arrived at the conclusion that the
solution of this first exercise is x=25 and y=25. As the solution is only one point in the
graph, the solution is unique.
The yellow region i
ESSAY 2: MACROECONOMICS
In 2007 we had two economic shocks in the world producing a global crisis. One
shock was the change in the oil prices and the second shock in the housing market. We
are going to see these events through AD-AS framework and explaini
CASE 1- MERCANTILE LAW (PRODUCT LIABILITY)
This case is about the washing machine that wins Sam in the raffle run by his local
newspaper, Diario de Navarra which has been manufactured by Excel Manufacturers Ltd. After
several washes, the machine bursts in
First of all we have to recognize if it is an agreement between the bakeries in
Pamplona. It is not very sure if an agreement has taken place because there may exists a
reason to justify the raise of the price. For example, an incre
1- Consider the production function Q=K+L^(1/2). The unit cost of labor and capital are w
and r respectively. Find the minimum long-run cost in terms of Q, w and r in all the
three possible hypothesis about the inputs K and L. Which is the hypothesis that
LESSON 6: INTELLECTUAL PROPERTY RIGHTS
1. WHAT IS INTELLECTUAL PROPERTY?
Intellectual property refers to creations of the mind: inventions; literary and artistic works;
and symbols, names and images used in commerce. Intellectual property is divided into
First of all, we have to know what human resources and strategic plans are. Human resources are the set of individuals who make up the workforce of
an organization, business sector, or economy. Strategic planning is an organization's process to control me
APPLICATION 7 OF CHAPTER 2: THE CONSUMER SURPLUS
The demand function is decreasing because when we increase the amount of bars the price is
b) If we suppose that the market price is 0.7
WHEN DID GLOBALISATION START?
I have chosen a report from the newspaper The Economist, which discuss the beginning
of the globalization.
Globalization has become the buzzword of the last two decades. The sudden increase
in the exchange of knowledge, trade