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If you choose to reflect on a real scenario, please ensure you are maintaining confidentiality. In your journal entry use detail to describe a challenging scenario or interaction with a child. Then, describe your feelings. How did you feel emotionally, physically and cognitively? Be sure to make connections between the events of the scenario and your feelings.
Why does neoclassical economics rely so heavily on underlying assumptions of human behavior and how have those assumptions been refuted by the emerging field of
A firm has the production function y = x1 + min{x1, x2}. Draw three isoquants for this firm. Does this firm have constant returns to scale?
What is the NPV of this project? Should you buy the oven? Assume 10% interest rate.
Economists say that excess capacity in monopolistically competitive markets is "the cost to society of variety." What is the cost that economists are talking about and why is this cost the result of having a variety of goods and services?
Solve for the equilibrium price and quantity prior to the implementation of the tax.
Heinrich is a manufacturing engineer with the Miller Company. He has determined the costs of producing a new product to be as follows:
Suppose there are two types of shirts available to Carl: red shirts and black shirts Carl is always wiling to exchange three black shirts for one red shirt. What type of preferences is Carl exhibiting? Draw several indifference curves to illustrate C..
What are the policy-options for containing cost? What are cost-containing strategies used in the U.S.? 10% (Please refer to James Henderson's opinions in the te
The difference between nominal GDP and real GDP is that nominal GDP:
Explain how do we measure income inequality. What problems arise the more unequal a country's income distribution becomes.
In setting out a social welfare function to evaluate damages and costs of climate change
Participate in a discussion with your classmates regarding how international trade affects our lives. You have a big stake in the politics of free trade versus international trade protections. As a buyer, your self-interest is hurt by tariffs and quo..
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