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The US government should be the catalyst for innovations in intermodal transportation. Industry, in a free market economy, has been limited in their ability to deliver these innovations.
Do you agree or disagree with the author? Justify you position using historical examples (development of nuclear power has been led by the government; development of new technologies for DOD is primarily driven by industry) to support your argument.
Under perfect price discrimination, there is no deadweight loss. If a monopoly can separate its buyers into relatively few identifiable markets and pursue a separate monopoly pricing policy in each market, then profit-maximizing price will be higher ..
The annual coupon interest rate is 9 percent and the market's required yield to maturity on a comparable-risk bond is 15 percent.
Give an equation that shows the relationship between excess reserves, maximum checkable-deposit expansion, and the monetary multiplier.
Please discuss how personal values are formed? Share with the class some of the influences that shaped your personal values.
Spacely Sprockets' short-run cost curve is: C(q, K) = + 15K, where q is the number of Sprockets produced and K is the number of robot hours Spacely hires.
What are some pros and cons to command-and-control strategies. How does C-and-C compare to Incentive strategies? In general, do you favor such strategies? Under which conditions? Please provide your rationale.
What does it mean for a good to be non-excludable? In theory one may worry that such a problem could completely shut down private markets. How did we deal with that in designing a private environment for the public goods case so that this doesn’t hap..
The securitization process reduces the total amount of credit risk embedded in the underlying mortgages, attract investors with different risk appetites, and give home buyers easier access to credit. Each time a new security is created during the sec..
What is the marginal product of the second employee. What is the marginal revenue product of the fourth worker.
The break-even point is important to managers because it:
Assume consumer spending is given by the equation C = 275 + 0.8[Y - T], investment spending is equal to 425, government spending is equal to 250, and taxes (T) are equal to 250, while full employment real GDP is equal to 4050. According to the simple..
Why Benefits in the Short Run? Suppose a country is about to open its markets for trade. In the short run , you would rather be in an industry with s comparative
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