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Find a Supreme Court case that deals with a constitutional issue (either pending or already decide d•Briefly describe the issue. Do you agree with the Court’s decision (or if it hasn’t been decided how do you think the case should be decided)? Why or why not?
Suppose the market demand function (expressed in dollars) for a normal product is P = 480 – 4q and the marginal cost of producing it is MC = 2q, where P is the price of the product and q is the quantity demanded or supplied. How much would be supplie..
Suppose that a vaccine is developed for a highly contagious strain of flu. The likelihood that anyone will get this flu decreases as more people receive the vaccine.
Cost of production- in any industry in Australia where costs of production are an important issue and analyse what is being done in the industry. May be the industry is switching to technology or/and some substitutes have been used to overcome thi..
What is the total payment to capital in the manufacturing sector? What is the total revenue (price x quantity) of the agricultural sector? Suppose that the price of the manufactured good rises by 20% with no change in the price of the agricultural go..
A few years, the price of New York City taxi medallions hit $1,000,000. What do you think was behind the increases in the price of New York City taxi medallions? Is that a problem for the city? Should the city intervene in the market for these medall..
If a company's accounts payable is $42,041, retained earnings are $412,474, long-term debt is $391,227 and your accrued expenses are $5,966, what are the total current liabilities?
Travelers driving through Gotham city can use a freeway or cross town toll way to get thru the city. The toll way charges $1.00 per car during the morning rush (6-9AM) and the afternoon rush (4-7PM) and the toll is $0.40 at other times. What are the ..
Scanlon was a patron of a casino owned by Mashantucket Pequot Gaming Enterprise. A casino employee watching surveillance cameras saw Scanlon standing on a box on a balcony. Concerned about his safety, two security guards went to investigate. His heir..
Discuss why you would not expect all industries to have a similar relationship to the economy. Give an example of two industries that have different relationships to the economy. Please discuss your findings and how the economy will affect them diffe..
Suppose a monopolist can practice third degree price discrimination. Suppose that you are a consultant for this monopolist who has information about her consumers’ age. In particular, monopolist asks every consumer to reveal if she is above 45 or not..
q1. suppose we have two economies- lets call them earth and mars- that are identical except that one begins with a
The current spot rate between the UK and the U.S. is £0.6528 per $1. The expected inflation rate in the U.S. is 1.8 percent. The expected inflation rate in the UK is 3.4 percent. If relative purchasing power parity exists, what will the exchange rate..
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