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Question 1
a. By what percentage did grain (rice, wheat and maize) consumption per capita increase between 1961 and 1980?
b. What area of R&D had more public investment in developing countries than private investment worldwide in 1995?
c. What was the difference in the expected age at death of a newborn baby and a 65-year-old in England around 1840? What was that difference around 1990?
d. How much extra land was needed to produce twice as much grains and oilseeds worldwide between 1961 and 1998?
e. What woman in chemistry at UC Berkeley became very famous in the last decade? What was she studying in the work that led to her important invention in biotechnology?
This document contains various important questions and their appropriate answers in the subject field of Economics.
Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.
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Explain each of the following using supply and demand diagrams, With the use of a graph, explain how these two programs affect cigarette consumption and the price of cigarettes.
The case study of the Fisher-Price Toys, Inc., a popular case in basic economics and management from the prestigious Harvard Business School.
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What is the market solution (market price and quantity) and What is the total surplus of the society under the market solution
Calculate gross national product and net national product
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