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Arts of the Pacific, Africa and pre Columbian America-What are the differences and similarities between the Arts of the Pacific, Africa (excluding Islamic Art) and pre-Columbian America? Each have distinctive characteristics, what are they.
Do price reductions always result in higher profits? For example, if the demand for a firm's product is price inelastic, will the firm increase its profits by cutting its price? Explain.
A manager of a local monopoly estimates elasticity of demand for its product is constant and equal to -2 Marginal cost is constant at 15 per unit. A. express marginal revenue as a function of price B. Determine the profit maximizing price.
"The accelerating growth of useful scientific, medical and technological knowledge since1750 or so has affected the world more than all other social and political changes takentogether. It has led to a revolution in the human condition that has sw..
Looking for direction for my final course project for my Data Analysis, Economics MBA course.
Which characteristic of competitive markets permits society to answer the illustrate what to create question efficiently.
How would you go about activating various influencers of policy in the era of technology and social media, i.e. lobbyist, the media, public opinion, interest groups?
What changes would you propose if you were on the central planning committee that made decisions for your city?
Compute the effect of a $24 billion federal income tax cut when the population's marginal propensity to consume is 96%.
Explain the likely effects of a U.S. recession on the demand for Canadian exports. What would be the effect on Canadian aggregate demand? Suppose the Bank of Canada viewed its monetary policy as being appropriate (for keeping output close to potentia..
What can we say about the price elasticity of demand for nicotine products (such as cigarettes, pipes, tobacco) in the group of nicotine addicted users
If the required reserve ratio is 0.2, by how much could the money supply expand if the Fed purchased $2 billion worth of bonds?
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?
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