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Evaluate a company's recent (with in the last year) actions dealing with risk and uncertainty. (Southwest Airlines)
What are the limitations of the Specific Factor Model? In what ways does the Hecksher-Ohlin Model complements the Specific Factors Model? Given the limitations of the Ricardian Model, in what does the Hecksher-Ohlin Model complements the Ricardian Mo..
Intra-industry trade may be associated with a smoother adjustment process than inter-industry trade because
Calculate the cost elasticity of demand as well as for paint as well as show your calculations.
If households decide to save a larger portion of their income, what effect would this have on the output, employment, and price level in the short run? What about the long run, assuming the government does not employ any stabilization policy?
David Jones deposited $4,247 in a savings account on Jan. 1st 15 yrs ago. He received 6.05%/yr interest for the first 12 years and 2.49% interest since then. How much will his account be worth at the end of this yr (i.e., at the end of the 15th year
A drug patent gives a pharmaceutical firm a monopoly. Draw and label the supply and demand curves for a drug. Then demonstrate how having a monopoly changes that equilibrium. How does this impact consumer surplus? What actions can the government take..
if sugar protectionism has the bad effects stated in the editorial, why dont congress and the president eliminate it?
A bond that pays interest forever and has no maturity is a perpetual bond. In what respect is aperpetual bond similar to a no-growth common stock? Are there preferred stocks that areevaluated similarly to perpetual bonds and other preferred issues th..
Describe the implication of income differences for the basic monocentric city model? What are the key factors in the model that determine where lower and higher income households will live? Discuss this prediction in the U.S. context.
Certain environmental laws prohibit EPA from considering the costs of meeting various standards when the levels of the standards are set. Is this a good example of “putting first things first” or simply an unjustifiable waste of resources? Why?
Figure 7.1 is drawn from Harrison and Rubinfeld’s study of the demand for air pollution in Boston. Make a copy of Figure 7.1 and then estimate the total willingness to pay, for a household earning $15,000 per year, or reducing NOx levels from 6 to 4 ..
Suppose there are two goods being produced in the economy: robots and wheat. Robots are a capital intensive good and wheat is a labor intensive good. Supposethat there are two countries: France and Brazil. France is capital abundant andBrazil is labo..
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