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A person you admire donates $100 to a particular charity. Therefore, it is in your best interest to donate money to that charity. 

What is economics?

A week after you shared your advice (Question 3) with your friend, he set up a meeting over coffee.  He shared that he now is starting to think that Y Corp shouldn’t be innovating at all – at least not investing in disruptive innovation.  He has read a few articles by Clay Christensen, and is convinced that Y Corp should focus on its core.  Your friend has concluded that “our company should maximize the profitability of our existing strong businesses by focusing on efficiency, productivity, and incremental innovations.  I’m going to get myself off of this task force.” a) Is your friend’s conclusion about not pursuing disruptive innovation, correct? Is it misguided for the leadership of a strong incumbent to try and “disrupt itself”?  Why or why not?  b) How should an incumbent pursue long-term success in dynamic markets and avoid “stagnation”?  

Fill in the blanks: When the government subsidizes an activity, resources such as labor, machines, and bank lending will tend to gravitate __________ the activity that is subsidized and will tend to gravitate ___________ activity that is not subsidized.

The ________ were the result of an international effort to broker a peace between Palestinians and Israel, and they established an autonomous Palestinian Authority led by Yasser Arafat.

Following the collapse of the German army, Russia regained many territories but failed to retake

The Allied Powers’ extensive borrowing of funds from the British resulted in the hobbling of France as a financial power and the rise of the United Kingdom as a financial power within Europe after the war.

In the Soviet Union under Nikita Khrushchev, education was aimed at

As with Germany, war and the politics of the Cold War left the nation of ________ divided between communist and “Western” halves.

Many Western intellectuals sought to revive humanism and democratic values after the horrors of the Second World War; a group of writers, one of whom was ________, pointed out that colonialism made their task ever more difficult.