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Consider the issue of minimum wage law: under which type of moral theory would such a law be justified most strongly? In what ways are utilitarian and capitalist notions of justice consistent? When do they differ? Using an example discuss the relative strengths and weaknesses of each approach
let qs -1000 5.5p and qd 25000 - 2.5p be the supply and demand relationships respectively for a competitive
Few states in the U.S. permit citizens to openly carry handguns. People can save themselves in the case of robberies or harm by using these guns.
Identify production level to maximize profits Explain how to balance fixed and variable costs Apply economic cost concepts in making business decisions learning team reflection
Why does your company not make any profits? Show graphically and explain and you convince the king that it is the patriotic duty of every citizen to eat more spam.
What assumptions are necessary for a market to be perfectly competitive? In light of what you have learned in this chapter, why is each of these assumptions important?
exercisegodzilla and macrosoft produce software and operating systems respectively both at marginal cost 10. each firm
suppose that micronesia is a small country that imports milk thus it takes the world price of milk as given. illustrate
1. a poor person who has an income of 1000 receives 100 worth of food stamps. draw the budget constraint if the food
can someone please help me do a ppf graph as well how to get the following calculationscorn
There are three primary methods of inducing firms to emit the optimal level of pollution: standards, taxes and transferable permits. Compare and contrast these three techniques: describe each and explain its strengths and weaknesses.
if unemployment insurance were so generous that it paid unemployed workers 90 of their regular salary a. the official
If the ABC company owns the exclusive rights to mine land in Afghanistan for Lapis Lazuli, a rare stone used in jewelry which is found only in Afghanistan, the company benefits from a barrier to entry.
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