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Consider an individual, a business, and a nation?
Does opportunity cost apply to all three?
Why or why not? How? Give an example for each?
What supply curve of turkeys shifts leftward. Tthe demand curve for turkeys shifts leftward ?neither the demand curve nor the supply curve shift; instead there is a movement along both curves.
What are the major economic justifications for state intervention used by mercantilists and what are the major types of problems with state intervention as they pertain to international political economy?
Suppose the firms compete in quantities. If firm 1 deviates from collusion in one period, what is the profit of firm 1 in that period in subsequent periods.
Hana's rounded one-year rate of return earned from her purchase of the Treasury notes is equal to illustrate what %.
Discuss utility and some of the properties about people's preferences. One is that "more is better ".do you agree that is always the case and if not do you have an example?
You are an assistant to a senator who chairs an ad hoc committee on reforming taxes on telecommunication services. Based on your research AT&T spends $15 million on related paper work and compliance costs. Depending on the locale, telecom taxes can a..
Gross private domestic investment does not include what?
Which piece of information would be least useful in trying to predict the effect of a $700M increase in government spending on equilibrium GDP?
Describe the balance of fixed and variable costs for the organization. How can the organization use technology to change this balance for an advantage.
Supposed that two nation start out in 2013 with identical levels of output per work hour – say, $100 per hour. In the first nation, labor productivity grows by 1 percent per year. What are some examples, other than those given in the chapter of techn..
Donna buys goods X and Y. She can just afford the bundle X = 6 and Y = 11. She can also afford X = 12 and Y= 8. Each of these bundles exhausts her income. Draw Donna’s budget line. What is the ratio of the price of x to the price of y?
In jury selection, one cannot exclude potential jurors on the basis of race or other discriminatory criteria. One question is if this prohibition against discrimination should extend to potential jurors that have physical or mental disabilities. How ..
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