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Nations with corrupt police and court systems typically have lower standard of living as compared to nations with less corruption. Why might that be the case?
How macroeconomic equilibrium does an economy achieve. Elucidate what affect does a high level of inflation have on macroeconomic equilibrium.
Jen, Eric, and Kurt are all buyers of chain saws. Jen’s demand function is DJ (p) = 520 − 13p, Eric’s demand function is DE(p) = 40 − p, and Kurt’s demand function is DK(p) = 200 − 5p. Together, these three constitute the entire demand for chain saws..
Chloe loves fashion and her scarf and hat must always match. Therefore she views scarves and hats as one to one complements U = min {S,H}. Graph Chloe's indifference curves for scarves and hats.
Explain why standardised products are desirable for international companies, and the circumstances that are likely to prevent its implementation?
Suppose it is decided that rent control in New York City will be abolished and that market rents will now prevail. Assume that all rental units are identical and so are offered at the same rent. Use a diagram to show the effect on the rental market ..
Opponents of the minimum wage point out that the minimum wage:
q. in 1976 the parents of a seven year old boy sued a new york hospital for 3.5 million. the boy was blinded shortly
Management and a labor union are bargaining over how much of a $50 surplus to give to the union. The $50 is divisible up to one cent. The players have one-shot to reach an agreement.
Clara's utility function is U(X,Y) = (X + 2)(Y +1). Write an equation for Clara's indifference curve that goes through the point (X,Y) = (2, 8). Suppose that the price of each good is one and that Clara has an income of 11. Write an equation that des..
q. write a 3-page minimum 750 words response to the following problem. mirk labs is a pharmaceutical company that
Explain how do payroll taxes levied on earnings of workers affect their decisions about Explain how much leisure they consume?
How would each of the subsequent affect Helena's hand basket supply of worker.
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