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A production possibilities curve is “bowed out,” or concave to the origin, because of:
a. competition
b. increasing opportunity cost/diminishing returns
c. inefficiency and unemployment
d. scarcity
What is the reverse paradox of thrift? Explain in your own words.
q.bayerische motoren werke ag the german manufacturer of bmw automobiles opened a plant in south carolina. assume that
Yesterday Susan determined that the risk-free rate of return rRF, is 3 percent, the required return on the market portfolio, rM, is 10 percent, and the required rate of return on Stock K, rK, is 17 percent. When Susan considers the effect of this cha..
how many standard errors it is away from zero. If it is not very far from zero n we might ignore it; if it is far away from zero n we might consider it important. But how far is ‘far'.
For the Portfolio Project, conduct an analysis of a recent article and provide your evaluation and outcome expectations in an articulate and informative paper that discusses: A minimum of three general economic principles related to the article. Iden..
What happens when the price level rises? Which of the following best describes what happens when the price level rises? If a government started with a deficit and moved to a surplus, which of the following best describes the effects of these changes?
Two students, Ryan Wattenberg and Emma Bennett, are discussing the idea of convergence over coffee. Ryan considers convergence to be true in theory but impractical in the real world. Most developed countries do not have similar resources endowments. ..
1. if the 4 firm concentration ratio of an industry is 75 what does it mean?2. explain in game theory how payoff
William is the owner of a small pizza shop and is thinking of increasing products and lowering costs. William’s pizza shop owns four ovens and the cost of the four ovens is $1,000. Each worker is paid $500 per week. What number of workers appears to ..
An increase in government expenditures that ________ the budget deficit in an example of ________.
The price of x1 is 3$ and the price of x2 is $1 and Jack has an income of $90. A) How much of each goods will he demand? A 1$ quantity tax (t) is placed on x1 so that now x1 costs $4 to Jack while his income and the price of x2 stay the same. How muc..
A parent has a pile of toys to divide between two children. Assume that there is an even number of each toy. What method of dividing the toys ensures that the final division is efficient?
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