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Discussion
When comparing the values of GDP per person in the Netherlands ($51,000) and the United States ($57,000) in his introductory economics class, a Dutch student exclaimed that this was not necessarily indicative of a higher standard of living in the United States that in the Netherlands. Is he right? Why? Why not?
What was the annual growth rate of the value of the stock? (Give your answer as a decimal, e.g. 7.5% would be 0.075.)
You have estimated that all consumers who buy from your firm have identical demands for your product. Each customer's demand is given by Q = 20 - (P/2), and your total cost of production is TC = 45 + 20 Q. You want to devise a two-part pricing strate..
What are the benefits and challenges when implementing Industrial policy? How does comparative advantage relate the implementation of industrial policy?
Find the total revenue of the monopolist when it sells 6 units of the commodity without practicing any form of price discrimination. What is the value of the consumers' surplus?
-Graphically represent and explain the demand, total revenue, marginal revenue and average revenue curves of a price-taking firm.
Summarize and analyze an example situation from the local newspaper, your hometown newspaper, or a news magazine.
Consider Pigou's example where the cost of the upper route is 1 and the cost of the lower route is 2x. What is the efficient share of the traffic that should ta
You decide to open a retirement account at your local bank that pays 7%/year/month (7% per year compounded monthly). For the next 20 years, you will deposit $500 per month into the account, with all deposits and withdrawals occurring at month’s end.
What is moral leadership? What are the different types of organizational goals? What are follower-centered approaches to leadership? GIVE EXAMPLES.
What is the difference between electronic commerce and electronic business according to Becker and Sampson? Briefly compare B2C, B2B, and B2G electronic commerce?
What is Rawls' foundation of justice and how does it relate to what justice means to you?
Explain why counterfeiting money is a crime. Who is the victim? Is there a private victim as well as public victims?
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