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I was watching a documentary about a scientist fishing for giant stingray in Thailand. They ran into a fisherman on the river late at night. The fisherman said he was fishing for giant river shrimp (the things were the size of lobsters). The scientist then asked the fisherman if he was fishing to eat or to sell. The fisherman laughed and said he could not afford to eat the shrimp. How can I relate this to economics and far to explain the fisherman's statement that he "could not afford" to eat the shrimp he caught?
q.alchemy l is the price leader in the poly-glue market. all ten other manufacturers follower f firms sell poly-glue at
Elucidate the law of demand. Why does a demand curve slope downward. How is a market demand curve derived from individual demand curves.
monopoly and equilibriuma. helen gets smart and realizes that she is the only pie shop approximately. compute the
GDP and the Multiplier Application. Most estimates indicate that the marginal propensity to consume in China is approximately 0.50. If we ignore a rise in the price level generated by a boost in aggregate demand that results from an increase in real ..
Describe the scope of Public Finance. Explain different philosophical approaches to the role of the government. Describe the size of the government sector in the U.S.
What is the 95% confidence interval estimate of the population mean flying time for the pilots? The mean number of hours of flying time for pilots at United Airlines is 36 hours per month.
What was the impact on the supply and demand of labor on one sector of the labor market? Explain the factors that affected labor demand and labor supply in the chosen historical example.
DeAngelo Corp.'s projected net income is $150.0 million, its target capital structure is 25% debt and 75% equity, and its target payout ratio is 65%. DeAngelo has more positive NPV projects than it can finance without issuing new stock.
Explain how a dead weight loss can be generated in an imperfect market and also in a case of a negative externality. What policies government can use to try to eliminate the deadweight loss? Effect of Price Ceiling and a Price Floor-Price Floors and ..
Illustrate what will be the level of output and price in the long run if this industry were perfectly competitive.
What is the probability of attendance between 39,000 and 45,000? e) What must the attendance be at a game, for that game's attendance to be in the top 1% of all games?
If this is a two-good, two nation model, what would Nation B’s best choice in regards to trade and specialization?
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