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Each normative tradition (realist, rationalist, and revolutionist) defines human nature differently. Describe each tradition's definition of human nature and explain how, given that view of the essential condition of humankind, the tradition proceeds to outline its view of power and its role in the fundamental international political condition.
What is a proportional tax on individual income after a specified threshold has been reached
Joe the Plumber runs a competitive firm. He does 20 works per week, and charges $50 per week. His total cost each week is $1200, of which $300 is Fixed cost. Draw a diagram about his short and long run decision.
The unemployment rate is a deceptive indicator of the current and future state of the economy. How does the timing of lay off and hiring decisions made by companies describe the misleading characteristic of this indicator?
Determine which position you support and defend your position. Cite a minimum of 3 peer-reviewed sources not including your textbook.
for each of the following claims please state if it is true false or uncertain. provide a brief written justification
A news magazine offers students a discount on the regular subscription rate. The total number of subscriptions is optimal, and, at the current prices, the marginal revenue from the last subscription sold to a student is $6, while the marginal reve..
In the 1st half of the 20th century, AT&T had a near monopoly on local and long distance phone service. The company charged a price for local telephone services.
1. Analyze the microeconomic environment of corporate operations. 2. Assess the impact of regulatory considerations on economic decisions. 3. Assess the impact of ethical considerations on economic decisions.
Companies frequently borrow money under anarrangement that requires them to make periodicpayments of "interest only"and then pay the prin-cipal all at once. If Cisco International borrowed$500,000 (identified as loan A) at 10% per yearsimple inter..
Compute the path of the economy, that is , calculate real GDP, the price level, the inflation rate and real money stock for each year until GDP I swithin 1% of the potential. (limit calculated values to 10 decimals points)
Explain why is it that a firm in a perfectly competitive market can sell as much as it wants without a change in price occurring? As a result, what is the elasticity of demand affecting the firm then.
Assume your firm manufactures 3 million hard drives per year specifically for Dell laptop computers and subsequently renegotiates to only purchase for $26.8/unit, how much has Dell increased its own profits
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