UH OH STINKY Flashcards
1
Q
MADLIT - Eval
A
Magnitude
Assumptions
Disaggregation
Likelihood
Incentives
Time
2
Q
Internal Economies
A
Risk Bearing
Financial
Managerial
Tech
Marketing
Purchasing
3
Q
External Economies
A
R&D firms move closer
Components firms move closer
Better infrastructure
4
Q
Diseconomies
A
Coordination
Communication
Control
Motivation
5
Q
Sales Max
A
AR=ATC
6
Q
why revenue or sales max
A
long term profitability/increase market share
7
Q
Demand for labour
A
Productivity
Cost
Abailability
Substitutes (capital)
Tech
Econ activity
Governance
8
Q
Supply labour side
A
substitute effect
Income effect
9
Q
supply market side
A
Qualifications
non wage benefits
other jobs
demographic/immigration changes