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In China many farmers have switched from producing rice to producing vegetables and fruit because they can earn a great deal more money from these specialty crops. Within China there are some who applaud this change, but others worry that China soon may become dependent on rice imports. Even with the low cost of Chinese labor, does the fact that China is importing rice suggest that other countries now have a comparative advantage in rice production?
Prepare a 1000 word essay on the requirements gathering and delivery processes in the agile approach. Compare and contrast it with the requirements gathering and delivery process for the traditional waterfall approach.
Suppose a monopolist faces demand of Q = 300 – 2P and has a total cost curve of TC = 75Q + Q2. What is the firm’s marginal revenue? What is the firm’s marginal cost?
What are the advantages and disadvantages of using prepared, or canned, sales presentation? Give examples of when using a canned presentation might be better than using a less structured presentation.
Explain the differences between external costs, private costs, and social costs and how the presence of external costs leads to market failure.
bargaining outcomes and individual preferencesplease respond to the followingbullbargaining outcomes in a
Identify a sunk cost investment you have made or one that your company/organization has made. How might the investment be, or has been, subject to post.
Suppose a wedge of cheese is $10, and a loaf of bread is $5. What is the opportunity cost of purchasing a wedge of cheese (in terms of bread)?
Effects of Proportional Income Tax on Labor Supply . Suppose that the government imposes a proportional income tax on the consumer's wage income.
Assume two countries, A and B, with sizes of domestic markets 300 million and 533 1 3 million units in annual sales, respectively.
In Problem below, what is the marginal cost of 1 kilogram of food in Yucatan when the quantity produced is 150 kilograms per day?
Calculate the yield to maturity for bond X below. Assume a US bond, which typically has the convention that coupons pay semi-annually. Keep at least two decimal places of accuracy in your answer, e.g. 4.36%
What factors account for the regional inequality (as measured in GDP) per capita between Germany and Portugal?
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