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Can an oligopoly firm ever become so large that they lose their competitive advantage due to diseconomies of scale? Explain with both narrative and an illustrative graph (no numbers).
Suppose the U.S. imposes a trade embargo on North Korea in order to exert political pressure on the government. Consider how the embargo will affect U.S.
answer the following questions using examples and applications from the readings. justify your answers using economic
What are some externalities associated with cell phone use in cars? What are two ways you may try to solve this negative externality problem? What are two ways a country could promote economic growth? Explain.
Determine present value now of an investment of $3,000 made one year from now and additional $3000 made two years from now if annual discount rate is 4 percent.
Which is not a factor of production? Which is not one of the five fundamental questions that an economy must deal with?
Incidence and prevalence data have different applications in public health.
What would be the new employee's marginal product of labor? What is the value of that marginal product? Should the moving service hire a fourth worker?
To examine the implications of selecting various discount rates, reconsider the water filtration system example in the text but change the dis- count rate from 10 percent to 5 percent. Find the present value of the system.
Propose several current and future economic issues confronting and changing the healthcare system. Analyze the significant implications of the issues.
Jim Duggan made an investment of $10,000 in a savings account10 years ago. This account paid interest of 51/2% for the first 4 years and 61/2% interest.
The equivalent annual worth (EAW) is most nearly:
Indicate whether each of the following items represents a credit or a debit on the U.S. balance of payments.
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