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One of our main areas of focus in this session is special-interest groups. This is a topic that we could explore for weeks! It's now time to have a discussion with your colleagues on this subject. Choose a special-interest group from a U.S. industry and examine their role in politics. Discuss how that interest group aligns with public choice theory.
Locate a recent article or event (published within the last year) that highlights your relevant microeconomics topic. Use the Hunt Library, newspapers, new stations, or other credible sources to discuss how your topic aligns with microeconomics. Include the following in your discussion:
State the article or event you selected.
Identify the microeconomic concept(s).
Describe your findings.
Analyze the relevance to real-life applications.
(Econ) For each of the following scenarios find the impact on the steady state values of y and h, by identifying and explaining the shift(s) of the curve and th
You’ve been hired as an economic consultant to a price-taking firm that produces shirts. The firm already has a shirt factory, so it is operating in the short run. The price of shirts is $5, the hourly wage is $12, and each shirt requires $1 worth of..
Organizational effectiveness is always a key topic of conversation within the organizational boardroom. Companies are finally realizing that the answer to runni
A project has an initial cost of $140,000 and an estimated salvage value after 16years of$80,000. Estimated average annual receipts are $26,000. Estimated average annual disbursements are $16,000. Assuming that annual receipts and disbursement will b..
What would happen to the market for both California oranges and Florida oranges if there is a freeze in Florida that destroys 20% of the orange crop?
Would the following event cause pressure on the Canadian dollar to Appreciate or Depreciate?
Many economists believe there is a conflict between the economic goals of growth and equity. Do you agree or disagree? Provide your reasons.
Draw the Cost effectiveness Frontier - What concept can you attribute this change in treatment choice before and after insurance? Explain.
The market for fertilizer is perfectly competitive. Firms in the market are producing output but are currently incurring economic losses.
The Hamilton Flour Company is currently operating its mill six days a week, 24 hours a day on 3 shifts. At current prices, the company could easily obtain a sufficient volume of sales to take the entire output of the seventh day of operation each wee..
Two firms exhibiting Cournot behavior have proposed to merge. The resulting firm would account for about fifty percent of the market. It is widely expected that the price will rise as a result of the merger. The firms claim that the merger is in soci..
Which of the following is a rate that should theoretically serve as a floor for the Fed funds rate? A dealer is said to be running a "matched book" if. An increase in the supply of reserves in the banking system leads to an increase in the Fed funds ..
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