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Describe the impact of the permanent normal trade relations deal on the Canadian economy with respect to our trade relations with the US and China and our global competitiveness.
Compare and contrast at least 3 potential architectures for your system, and then select the one that applies the best to your project. In addition to hardware architectures you may also consider "The Cloud".
You just won a contest and have been appointed State of CT Tax Commissioner (you might be asking, why did I enter such a contest? :)). Your primary goal is twofold: raise revenue and make the tax code more efficient. You have to decide which goods to..
Your company manufactures controllers used in the production of commercial air conditioning units. Your current price is $50 per controller. At that price the total quantity demanded is 4,000 spread over a large number of small customers. Would you r..
Big packages of M&M candies have a mean weight of 16 ounces with std deviation of .15 ounces. A researcher selects a random sample of 20 bags.
Suppose that students are numbered 1-30. Students 1,4,7,10,... are firms, and others are workers. The firms are willing to hire a single worker, and their willingness to pay is their student number. A worker’s student number is the value of his leisu..
If the accounting profit for a firm is negative, the:
A monopoly is considering selling several units of a homogeneous product as a single package. A typical consumer’s demand for the product is Qd = 60 - 0.25P, and the marginal cost of production is $80. Determine the optimal number of units to put in ..
In the same election game played in class, instead of having voters distributed uniformly across 10 regions, suppose that position 1 has a different number of voters than other positions. Specifically assume that positions 2 through 10 each has 10 vo..
Derive the IS-LM model by considering the expectation into the model. You need to explain which factors affect each of the curve, and how the changes of these factors will shift the corresponding curve of the model. Suppose there is a expansionary mo..
Discuss the factors contributing to movements along different points on the same supply curve, and the factors contributing to the supply curve shifting to the right or to the left of its original position. (Also, identify actual examples). Also, ref..
Discuss the concept of the financial rate of return on a college education. If this return is less than the return on a bank account, does that mean you should quit college? Why might you want to stay in school anyway? Are there circumstances under w..
How does competition relate to communism, socialism, fascism, capitalism and monarchy? 2. To what extent does capitalism include “crony capitalism” and why? 3. What roles are played by: a. Competition?
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