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What are ways that the ebay/craigslist platform can reduce adverse selection or moral hazard problems? Does the star rating system that ebay uses count? There is buyer guarantee protection offered, which would that be?
Jason is faced with two options: A BMW costing $40,000 gives him an additional 800 units of utility, and a laser printer costing $1,000 gives him an additional 25 units of utility. Rational choice theory would predict that he would choose:
Need help solving equilibrium price and quantity for Econ 550 class.
Describe state capitalism in China and explain what policies China uses for its economy. Explain why China has been so successful so far. Explain what the potential challenges for continued success in China might be
What is the difference between government expenditures and government purchases? How do the two variables differ in terms of their effect on GDP?
Suppose that a? firm's only variable input is? labor, and the constant hourly wage rate is ?$30 per hour. The last unit? (hour) of labor hired enabled the firm to increase its hourly production from 250 units to 251 units. What was the marginal cost ..
What compensation philosophy (below market, at market, or below market) and approach to total rewards would work best for each one and why?
Esmerelda worked parttime for her mother’s business without pay. Tabitha was absent from work because she had strep throat. Who is counted as “employed” by the Bureau of Labor Statistics? Cyclical unemployment results from? Which of the following pe..
The opportunity cost of producing capital is. A marginal revenue product curve shows the change in. Vertical integration has no effect on the internal organization of a firm; it only affects the outside markets. Publications such as Consumer Reports ..
Discuss how the government and international trade could be included in the circular flow. (Hint: see page 400 in your textbook.)
The area-dependent cost of a solar energy system is $175/m2 and the area-independent cost is $3, 350. The down payment of the initial expenditure is 25% and the rest is paid in equal installments over 20 years at an interest rate of 7%.
From California to New York, legislative bodies across the US are considering eliminating or reducing the surcharges that banks impose on non-customers who make $12 million in withdrawals from other banks’ ATMs. On average, noncustomers earn a wage o..
Marybeth and Anneal are beginning to contemplate retirement. They have saved a total of $ 500,000 for retirement and they are each just 45 years old. The two primary options are listed below. Considering all previous information, which outcome requir..
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