What is an everyday example of distributive and integrative bargaining. -In your distributed bargaining example, what are the gains and losses. -In your integrative bargaining example, what is the mutual g
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What is an everyday example of distributive and integrative bargaining.
-In your distributed bargaining example, what are the gains and losses.
-In your integrative bargaining example, what is the mutual gains.
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- Describe the four fundamental principles of integrative negotiation.15. Talk about the two fundamental hypothetical perspectives on the beginnings of human forceful conduct.Rod and Todd Flanders have been working jobs in HR that pay $40,000 and $20,000 per year, respectively. They are trying to decide whether to quit their jobs and jointly open a snow cone shack, which they estimate can earn $100,000 per year. According to the Nonstrategic view of bargaining, how will the snow cone shack proceeds be split? Rod and Todd Flanders have been working jobs in HR that pay $40,000 and $20,000 per year, respectively. They are trying to decide whether to quit their jobs and jointly open a snow cone shack, which they estimate can earn $100,000 per year. According to the Nonstrategic view of bargaining, how will the snow cone shack proceeds be split? Rod gets $50,000 and Todd gets $50,000 Rod gets $66,666.67 and Todd gets $33,333.33 they won't quit their jobs. Rod gets $60,000 and Todd gets $40,000
- The courts have ruled that it is reasonable restraint of trade (and therefore permissible) for the owner of a business to sell his business & a contract with the new owner saying that he will not compete with her within a vicinity of, say, 100 miles , for a period of, five years. if this type of contract is a reasonable restraint of trade, you can give an example of what you would consider an unreasonable restraint of trade? explain how you decide what is a reasonable restraint of trade and what is not.Assume that Gas & Minerals is the only copper mining firm in Chile. The national demand for copper in thousands of tonnes per month is: q^d(p) = 15 - pThe total costs in millions of dollars are: c(q) = 5q(a) What would be the profit-maximising level of production for this firm? Determine the monopoly price and quantify the profits. Graph the demand, marginal revenue and marginal cost, identifying their values along with determining the social loss generated and identifying it in the graph above. Assume now that due to a bad internal restructuring, the operations manager was fired and a professional with little mining experience was hired. The new manager does not know environmental protocol and mining waste (tailings) has gotten out of control and has been dumped into a river. This generated a negative externality on copper production. The estimated damage is US$5 million per 1,000 tonnes.(b) Obtain the social marginal cost of this mining activity.(c) What level of production will…Discuss the interpretation of influence according to Luke and March. Distinguish the differences and similarities of their proposed definition and create a political situation out of it.
- Suppose a manufacturer and its retailer face the problem of double marginalization. If the manufacturer sets the wholesale price equal to its marginal cost c and in addition, requires the retailer to pay a fraction α (between 0 and 1) of its profit. 4.a Write down the retailer’s profit maximization problem. Will this practice solve the double marginalization problem? (That is, will this practice maximize their joint profit?) 4.b Suppose the retailer is required to pay a fraction of α of its sales (i.e., total revenue). Write down the retailer’s profit maximization problem. Will this practice solve the double marginalization problem?Juan Valdez, a coffee farmer in Colombia, sells his coffee to Cafe Emporium, a U.S. firm which specializes in gourmet coffee blends. a. What must be true of this arrangement? Which sentence is true? Juan believes he is better off with this contract, but in reality, the wealthy American buyer is taking advantage of Juan's naiveté. When Juan and other farmers in Colombia sell their coffee beans to foreigners, their nation as a whole gains in the long run, as countries gain from trade. While this arrangement is good for Juan, he would be better off if the government had negotiated the contract for him because the government could have gotten a better price. Juan and other farmers in Colombia who make such transactions are made better off as a result. b. What can be inferred from the fact that Juan has voluntarily entered into a contract with Cafe Emporium? Which sentence is true? Juan is earning zero economic profit selling coffee. Juan has…Suppose that the inverse demand curve for paper is p = 200 - Q, the private marginal cost (unregulated competitive market supply) is MCp = 80 + Q, and the marginal harm from gunk is MCg = Q. What is the unregulated competitive equilibrium? What is the social optimum? What specific tax (per unit of output or gunk) results in the social optimum? What is the unregulated monopoly equilibrium? How would you optimally regulate the monopoly? What is the resulting equilibrium?
- Give two point for agree and two point for disagreeHow do the principles of contract law support public policy?13 sellers and 13 buyers are each willing to buy or sell one unit of a good, with values {$13, $12, $11, $10, $9, $8, $7, $6, $5, $4, $3, $2, $1}. If there is a single monopoly market-maker who keeps as profit the difference between bid and ask prices, the equilibrium quantity traded in the market is: A. 7. B. 4. C. 1. D. 10. Why?