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Do you think the benefits of government regulation exceed the costs? In what areas, if any, do you think the costs exceed the benefits?
Cite an example of a company's efforts to circumvent government regulations. Is the use of loopholes ethical?
jim sees commuting by bus and t as perfect substitutes u t b that is he would exchange one commute by bus for one
In the long run, the most helpful action that a monopolistically competitive firm can take to maintain its economic profit is to lower price
Find the amount of the transfer implied by consultant B and determine whether the consumer is better or worse off from Consultant C's suggestion than before the price increases.
many experts assert that globalization has essentially made us less independent and more closely connected to other
Ethical Dilemma: How would you describe Wal Mart's impact on local economies and communities, and how far should "corporate social responsibility apply?
What are the factors that underlie a nation's decision to allow its currency to be determined by free market forces or to be fixed against some standard of value?
Sometimes market activities (production, buying, and selling) have unintended positive or negative effects outside the market's scope. These are called externalities. As a policy maker concerned with correcting the effects of gases and particulate..
Bargaining outcomes in a market-related situation are in general indeterminate and not obvious to the parties in the negotiation.
how many units of each product should she buy in order to maximize her utility. Show this utility maximiz- ing combination combination of Pepsi and Coke on the graph. how would her consumption and utility maximizing bundle of Coke and Pepsi change..
How would the effects of international trade on the domestic orange market change in the world price of oranges were above the domestic equilibrium? Draw a graph to help describe your answer.
Predict and explain what would happen to the yield spreads in response to the following macroeconomic events: (i) recession ; (ii) high inflation; (iii) stock market increase. (approx. 2 double spaced pages).
part - 1question 11. if a perfectly competitive industry consisting of identical rms is in long run equilibrium and the
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