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Does the earnings gap between the average wages of females and the average wages of males prove labor market discrimination? Why or why not?
What is the optimal quantity of goods for this firm to sell if the price is $3 - What is the shut-down price for this firm?
What, exactly, if the "Farm Problem" --- also known as "The Farmers' Problems"? Please name and discuss the Supply and Demand conditions
Alfred Kahn, currently an economics professor at Cornell University, led the United States drive to deregulate airline industry as chairman of the Civil Aeronautics Board under President Jimmy Carter.
All firms in the industry have identical technology and face the same cost curve: C(Q) = 500 + 10Q + 0.5Q2 . There are 10 firms in the industry.
Explain how built in (or automatic) stabilizers work. What are the differences between proportional, progressive, and regressive tax systems as they relate to an economy's built in stability?
when a variable grows at constant rate then the graph of the ln of the variable is a linear function of time
How would a low-cost price leader enforce its leadership through implied threats to a rival?
In 2010 the Financial Times reported that the Mexican Finance minister called for a third change to the country's taxes in as many years. (Financial Times, March 19, 2010) The result would be an increase in tax revenue for the Mexican federal ..
What is the basic technique or method used to engage in behavioral economics
Suppose that a competitive market is initially in equilibrium. Then demand increases. If some resources used in production are not available in sufficient quantities for entering firms,
One of the engineers suggests that the test proves that the new process is no better than the old process, since the proportion of defectives in the sample is the same. Is this conclusion justified? Explain.
What shape did the short-run aggregate supply curve have during the 1930s, according to Keynes? Explain
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