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Assume the economy is in short-run equilibrium with significant unemployment. The Central Bank policymakers do not want the interest rates to fall, and there is no current threat of inflation. What course of action can the policymakers follow to move the economy toward full employment? Should they use monetary policy? Explain how they should do that.
What is average variable cost? Is the firm profitable? Should it stay in business? Should it stay in business in the short run? Should it stay in business in the long run? Show your work and explain answer.
Imagine you are part of a strategic planning group at a large corporation that is considering developing a new product (please select a product that already exists in the market. Do not discuss a new product you would like to invent). The marketing d..
Patrick enjoys consuming chocolate but really detests broccoli. Describe the shape of Patrick's indifference curves for these two goods and explain your reasoning.
The marginal damage averted from poolution cleanup is MD=200-5Q. The marginal cost associated with pollution cleanup is MC=25+2Q. What is the optimal level of pollution reduction? Show that this level of pollution reduction could be accomplished thro..
How do you explain the wide variety of prices for virtually the same service, given that the cost to Hulu of providing each plan is basically the same?
For 2 different companies from 2 different market types (perfect competition, monopolistic competition, oligopoly, monopoly) provide well thought out, typewritten responses to the following. Description of Company’s Products and/or Services: Name of ..
In the figure below, how many blocks of video (including the first block) will have arrived at the client in time for their playout? Explain how you arrived
Briefly describe the details of the fictitious business that you created for this assignment. Assess the current environmental scan factors that are relevant to the decision making process.
The annual operating costs increase by 15% each year as the machines age. If the MARR is 8%, which press should be chosen?
The George Washington Bridge in New York City has two decks, the upper and the lower deck. Thousands of commuters into and out of New York City have to choose between them every day. Analyze this as an N-person game. Keep in mind that in this case, t..
The demand for bread will fall if more Americans go on a low diet. The cost of bread will fall due to the decrease in the demand for bread.
Suppose that the labor market is competitive and there are a total of 1,000 black workers and 1,000 white workers (who each supply their labor in elastically). Both black and white workers are equally productive, having constant individual dollar pro..
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