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What are the advantages and disadvantages of Gaia Theory? Why
What are the advantages and disadvantages of Earth System Theory? Why
Suppose your mayor has asked you to come up with an excise tax that will be as efficient as possible. Choose a good to be taxed and explain why it will cause a low deadweight loss.
The global movement toward generally freer trade
How would you explain to either the president or the CEO that he or she is wrong?
Why is it important to estimate a firm's cost of capital? What does it represent? Is the WACC set by investors or by managers?
Suppose there are 100 workers in the economy in which all workers must choose to work a risky or a safe job. Worker 1’s reservation price for accepting the risky job is $1; worker 2’s reservation price is $2, and so on. Because of technological reaso..
Draw and explain a production possibilities frontier for an economy that produces milk and cookies. What happens to this frontier if disease kills half of the economys cow population.
Discuss the pros and cons of salary v. bonus (stock options) for CEOs and outline what you think is the optimal compensation structure.
What about organization? What is the role of entrepreneurship in production? What are the key reasons for income inequality in USA?
How does the Prisoners' Dilemma apply in the game of Golden Balls?
Average spending is $2,560. Those with a family history of cancer (4% of the population) spend $40,000 on average, and those with no family history (96% of the population) spend $1,000. Which of the following statements are true? You buy insurance be..
A country imports 5 billion tonnes of coal per year and domestically produces another 4.5 billion tonnes of coal per year. The world price of coal is $50 per tonne. Assuming linear schedules, economists estimate the price elasticity of domestic suppl..
What is the effect of an increase in consumer income on the market for shirts? What is the effect of a change in the weather in Europe on the market for DVDs in the U.S.? What is the effect of an improvement in the technology of producers in the mark..
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