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Should price increases for products in demand be allowed during extreme times of demand ( e.g.; bags of ice, water or hotel rooms during a hurricane crisis)? Defend your position using economic principles?
Draw and show the change in the PPF when an outbreak of avian flu sickens millions of agricultural and industrial workers.
As the number of workers at each factory increases, which factory will experience diminishing returns first.
What happens to consumer and producer surplus when the sale of good is taxed? How does the change in consumer and producer surplus comapare to the tax revenue? As a result of the above are taxes necessary to have? Explain.
What are financial intermediaries and what do they do. What information problems exist in financial relationships and how do financial intermediaries help solve them.
Why has the application of the World Bank's standard Structural Adjustment Policies been counter-productive in many developing countries?
The expansion will cost $60 million and will be financed with $40 million in new debt initially with a constant debt equity ratio maintained thereafter.
The length of a Colorado brook trout is normally distributed. Illustrate what is the probability that a brook trout's length exceeds the mean.
Several years ago, a man won $27,000,000 in the state lottery. To pay off the winner, the state planned to make an initial $1,000,000 payment immediately, followed by equal annual payments of $1,300,000 at the end of each year for the next 20 years. ..
Explain how more would cumulative spending increase as a result.
One kind of gain from specialization is that
Pretend that you have just been surprised with a genuine e-mail that says you have just been selected by your favorite pizza delivery company that every day for the next month you will receive your favorite pizza for lunch and another of that same fa..
Can anyone think of a program which costs a lot but does not provide long lasting benefits.
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