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Country X and Country Y have the same level of output per worker. They also have the same values for the rate of depreciation, &, and the measure of productivity, A. In country X output per worker is growing, whereas in Country Y it is falling. What can you say about the two countries' rates of investment?
Alexander is involved in a dispute related to his business. Alexander is considering legal action. Why may it be financially advantageous to alexander's business to avoid litigation and mediate the case
Explain how supply and demand analysis is used to describe the extent to which taxes can be passed on to others.
The number of repairs manufactured by a computer repair shop depends on the number of employees as follows:
Explain how would you view the merger if the streaming video services patent was declared invalid and many firms entered with streaming their own video services.
2. What will happen to equilibrium income in the following cases a. The mpe is 0.8, and autonomous consumption declines by $200. b. The mpe and mpc are both 0.5, and taxes rise by $400. How much of an increase in government spending would be required
A monopolistically competitive firm produces a level of output at which price equals $80, marginal revenue equals $40, average total cost equals $100,marginal cost equals $40, and average fixed cost equals $10. To maximize profit,the firm should prod..
Describe ways firms establish barriers to entry and explain how they benefit firms but not consumers.
Why is universal acceptability such an important characteristic of money? What other characteristics can you think of that might be important to market participants?
Under what circumstances, and why, would the government be opposed to a merger of two firms? How does the Justice Department decide which mergers to challenge?
Most customer oppose these laws because they find Sunday afternoon a good time to shop, however retail trade associations support these laws.
If the economy in a period of growth and is experiencing unwanted inflation, should the government raise or lower interest rates? Why?
Describe or give example of a real-world dilemma where these six principles could be applied. 1. Understanding each dimension of the problem 2. Who would benefit/suffer 3. Alternative solutions legal/fair 4. Your "gut feeling" level 5. Defend your de..
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