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the effects of the following government policies on the market equilibrium. Increases in the Minimum Wage Restrictions on International Trade Pollution Controls Natural Monopolies and Antitrust RegulationWhen analyzing these policies, include some discussion of the following points when appropriate: What is the purpose of the policy? Why is the policy necessary? The welfare of consumers, producers, and society (the winners and losers) before and after the policy The distribution of costs and benefits Does government intervention improve the situation?
A monopolist has determined that marginal revenue is $2.00 and average cost is $1.75. It has also determined that the lowest sustainable average cost is $1.75. To maximize profit, should the firm lower its price, increase its price, or leave the p..
Explain how can a domestic market be protected. If a country had protected domestic market, what would be the likely effect on its balance of trade.
Among the advantages of technique of forecasting are ease of calculation, relatively little requirement for analytical skills, and the ability to provide the analyst
Difference among the resource market and the producer market in a circular flow model. In what way are businesses and households both sellers and buyers in this model.
Conduct a research review of the published literature and write a concise summary and evaluation of the research that is related to unemployment
Determine the price elasticity of demand for a resource. Why is it important and what is it used for.
Explain how an increase in interest rates initiated by the Federal Reserve affects:
Derive the book supply curve where price is expressed as a function of output. Calculate the equilibrium level of output and local bookstore sales revenue.
List and explain the sources of expenditures in economy by focusing on the 4 major sectors of economy.
could you have both a comparative and absolute advantage in trading. If so, what if at all would be the benefit for your country to trade with any other country.
What happens to aggregate demand when transfer payments and the taxes to pay them both increase by the same amount?
Explain why is a risk analysis so important. In your opinion, which among the factors of the risk analysis carry more weight than others?
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