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Assignment:
Reflect Upon
As a student , how will you describe the economic system of the Philippines? Is it effective in achieving the country's economic goals ? Discuss your thoughts about this. Also , please elaborate your answer.
Identify at least four (4) key points of a relevant economic article from a newspaper. The article must deal with any course concepts covered in Weeks 1-8. (Concepts covered- GDP, Demand, Supply, Market equilibrium, monopoly and price discrimination ..
How does inflation, unemployment, aggregate demand, and supply in the company's key market (country) affect the company's profitability?
If a competitive firm is currently producing a level of output at which profit is not maximized, then it must be true that marginal revenue exceeds marginal cost.
Normal 0 false false false EN-US X-NONE X-NONE Ken has a utility functio..
Discuss any shifts that have taken place in the supply or demand curves. Make certain that movements along a curve are not confused with shifts in the curves themselves.
Graph the long run equilibrium for perfect competition. Using a similar average cost curve, graph the long run equilibrium for monopolistic competition.
What are some of positive effects associated with NAFTA? What about some of the negative effects? What were some of NAFTA's unforeseen consequences?
There are many potential goals of a corporation, such as: minimize costs, maximize sales, maximize employment, maximize earnings, maximize shareholder wealth.
Answer the following questions for this monopolistically competitive firm and show your calculations when necessary.
Explain what happens to price and quantity of milk when the following events occur (you do not need to analyze the event itself but rather determine the effect of the event on supply and demand of milk):
The official poverty rate in 2010 was 15.1 percent-up from 14.3 percent in 2009. This was the third consecutive annual increase in the poverty rate. Since 2007, the poverty rate has increased by 2.6 percentage points, from 12.5 percent to 15.1 per..
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