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Discuss conflict theory as a theory that society and its structural arrangements are organized and held together by the power and dominance of certain groups over others, based upon their greater economic,polotical and cultural resources. is this perceived influence or control an absolute in american society?
Suppose you can hire your mechanic for up to six hours. The total benefit and total cost functions are B(H)=420H-40H^2 and C(H)=100H+120H^2. The corresponding formulas for marginal benefit and marginal cost are MB(H)=420-80H and MC(H)=100+240H. Write..
Compared with perfect competition, quantity produced in monopolistic competition is inefficient as price is higher than marginal cost (i.e. allocative inefficiency). Why do some economists argue that even if price is higher than marginal cost, it doe..
The New York Times cost $0.15 in 1970 and $2.00 in 2011. The average wage in manufacturing was $3.36 per hour in 1970 and $23.09 in 2011. by what percentage did the price of the newspaper rise? by what percentage did the wage rise?
Assume that at price index of 154, the quantity demanded of Real GDP is 9,000 billion worth of goods and services. Elucidate do these data represent aggregate demand or a point on aggregate demand curve.
An equipment rental firm purchased a new scissor lift to add to its rental fleet. The scissor lift cost $18,000 and is expected to have a useful life of 4 years. The salvage value at the end of the lift's useful life is estimated to be $4,000. determ..
karens performance pizza is a small restraunt in ny that sells gluten free pizzas karens very tiny kitchen barely has
For each of the following decision-making problems, determine whether the problem involves constrained or unconstrained optimization; what the objective function is and, for each constrained problem, what the constraint is; and what the choice variab..
Explain how can be expected to happen to quantity of labour hired if minimum wage is increased next year. Be sure to explain in words illustrate what is happening on your graphs.
illustrate what you observed in this company to your own work experiences.
Presuming IBM’s evolutionary perspective best represents the path to the future of change, speculate what MNE will eventually replace the idea of the globally integrated enterprise.
Find outing relate to economist's traditional focus on Illustrate what people do, rather than Illustrate what they say they will do.
How are the forecasts likely to be inaccurate? What do you think is driving inaccuracy? How might this problem be solved?
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