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Applying the basic concepts of Microeconomics (Opportunity Cost, decisions made at the margin, agents respond to incentives). a) Discuss the individuals response to the presence of government provided unemployment insurance. i.e. will the worker take more or less time to find new employment b) Discuss firms response to government requirement to pay for unemployment insurance c) given your Microeconomic analysis do you expect the presence of our system of unemployment insurance to raise or lower the rate of unemployment
Property Rights Security in Russian Deprivatization. What impact will the prospect of deprivatization have on investment by managers of privatized firms? What effect will deprivatization have on foreign investment in Russia? Who gains from deprivatiz..
Describe the effects of price floor and price ceiling? Does the government play an avctive or passive role in setting price floors and ceilings? Do you think that this helps or hinders the consumer?
Genentech owns a patent on tissue plasminogen activator (TPA), which is an enzyme that helps the body break down blood clots. TPA is particularly valuable to cardiac patients, since it often allows heart problems to be treated with medication rather ..
q.in 2020 ahmed decides to invest in a wind turbine that would produce and sell electricity to the local electric
What are the strength of the neoclassical models of labor supply and labor demand. What are the weakness of the neoclassical models of labor supply and labor demand.
Give an economics analysis of that liability standard for product-related harms.
The production process requires labor and capital as inputs. Labor costs $6 per labor hour and capital costs $12 per machine hour.
In the long run, some firms will respond by, The new equilibrium price and quanity suggest that the shape of the long-run supply curve in this industry is (horizontal, vertical, upward sloping, downward sloping)
Explain how does the concept of dualism adequately portrays the development picture in developing countries.
What is the smallest integer-valued annual compound interest that will result in an investment tripling in value in less than or equal to 12 years?
Suppose that the total revenue function of a firm is given by TR(q) = 120q - 2q^2, where q is the level of output. Find the level of output q that will maximize the firm’s total revenue. Also, compute the maximum amount of total revenue received by t..
What were the issues, concerns and problems of the independent states. How did they differ from those faced by the National Government?
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