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Would like some help using your original content (no plagiarism please) to answer the following discussion question:
Are you a Classical or Keynesian economist? Pick a perspective and defend.
Post your response, and then read and reply to classmates' posts.
A pharmaceutical company can produce each pill of a new drug at a constant marginal cost given by MC = 5. Note that since the marginal cost is constant, then the average cost of producing pills is also
Define globalization. Discuss why you think that (income poverty, hunger, disease, lack of adequate shelter, and exclusion-while promoting gender equality, education, and environmental sustainability) relate to globalization?
The economy begins in long-run equilibrium. Then one day, the president appoints a new chairman of the Federal Reserve. This new chairman is well-known for his view that inflation is not a major problem for an economy.
Are there any examples which you can think of where you, personally, would not experience diminishing marginal utility.
(b) Provide an example of the interaction between each of these groups. (c) Sometimes a fourth group is included. What would that group be. Provide an example of the interaction between this and the groups listed in your answer to (a).
Describe the experience in the project, what were the solutions used to address the problem - was the case you described a special-cause or common-cause?
Explain why it is important that prices are flexible in our economy? What are the implications if the government started to control prices for products, how would this influence buying?
Illustrate what happens to the supply curve and the equilibrium point when a new technology improves a production process.
Two firms compete in a market to sell a homogenous produce with inverse demand function P = 400 - 2Q. Each firm produces at a constant marginal cost of $50. Use this to compare the output and profits in settings characterized by Cournot, Stackelbe..
Is Doughdaddy using the cost-minimizing mix of capital and labor to produce doughnuts? If he wants to increase output, should he use relatively more capital or relatively more labor?
An individual's taxable income increase from $20,000 to $30,000 a year, and taxes paid amount increase from $5,000 to $8,500. Determine the individual's marginal tax rate is:
Is it the United States government's obligation to provide health, safety and also the welfare of its citizens? Internally should the United States government protect us from unsafe products and environmental conditions?
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