A monopolist can sell 7 units per day at $7 per unit or 8 units per day at $6 per unit. Its marginal revenue for the eighth unit of output is:
September 3, 2020
A perfectly competitive, increasing-cost industry is initially in long-run equilibrium. If a permanent increase in demand occurs, then at the new…
September 3, 2020

Quiz “Bigger Than Enron”

1. Identify at least 3 conflicts of interest

2.Is the last CEO (Mr. Bernantino) of Arthur Andersen a good leader or not and why?

3.Why stock options do not work as an incentive for CEOs and senior managers to maximize long-term shareholder value?

4.What are the similarities between Enron, Sunbeam and Waste Management Companies?

5. What theory of the firm (shareholder or stakeholder management) does Al Dunlap, the CEO of Sunbean believes in? What is your evidence?

6.What is the development in the Accounting profession that looks like a “tail wagging the dog” rather than the other way around?

7.What do you think has brought Enron down

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