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Assume an economy that is operating above full employment.
What is the difference in the national income accounts if a firm purchases a car for an executive or the firm pays the executive an additional income to purchase a car?
Suppose that you are on a desert island and possess exactly 20 coconuts. Your neighbor, Friday, is a fisherman, and he is willing to trade 2 fish for every 1 coconut that you are willing to give him. Another neighbor, Kwame, is also a fisherman, a..
Do these firms have an incentive to reduce their pollution? Explain with diagram. d. Modern economists suggest 2 solutions to the pollution problem above. Explain how a pollution tax (use diagram) and an emission permit trading scheme can both "so..
What is meant by the Golden Rule and use the Mankiw Golden Rule graph to discuss whether this increase in the US s would have any effect on the GR variables of interest.
Illustrate what measures can the Indian government, international organizations, the mulitinationals take to help the industry revive.
When did Federal Reserve chair Janet Yellen say an interest rate increase may be coming, if at all? What are three improvements in the U.S. economy that she wants to see before deciding on increasing interest rates?
Q1. Draw the taxonomy of Multiple-access Protocols. Q2. What is the advantage of token passing protocol over CSMA/CD protocol? Q3. What are the different types of cabling supported by standard Ethernet?
Draw a diagram showing the current situation of the firm. In addition to the above information, suppose the price of the output is $13/unit, if the firm wants to maximize its profit, what should it do? Explain in detail with the aid of a diagram.
A company has to decide among three processes that makes the same product but with different capacities, to implement next fall. The information on the processes are:
Do constant marginal costs mean that the marginal costs are equal to the average costs?
Assume that the rice market is a perfectly free market and was in its long run equilibrium prior to these events. Comment on what will happen in the rice market in the short and long run.
Explain how relevant to the real world do you believe this result is in the "contestable markets" view of the competitive process.
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