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1.) With an economic perspective write a brief summary of the current event article
- The Washington Post"Coming Soon to an Airport New You - Flight Delays" 4-19-2013
2.) Write your opinion and application of this article to your life
1. Describe the welfare costs of a monopoly.
2. Discuss the regulator organizations that monitor anti-trust in America. Name these organizations and their functions.
3. Summarize in 100 to 150 words the concept of determining labor market equilibrium
4. Summarize in 100 to 150 words the elements that determine the minimum wage in America.
5. Define a monopsony market for labor. Is it a wage maker or taker? What does the supply curve look like and why? Discuss the relationship between the marginal labor costs and wage rates. What determines the amount of labor that a firm hires?
6. Name and discuss the different types of labor unions. Be sure to include specifics.
Indifference theory can explain all rational choices and behavior and try the theoryout on this situation. Suppose the only consideration for couples to have a bby or not was money. If a baby costs $8,000 a year.
Write down the Lagrangean function associated with this problem and derive the first-order conditions for this problem.
IBM Company has a reputation for not necessarily making new technology, but acquiring relatively new firms with innovations and successful technology.
Calculate marginal pdf's of both variables and calculate the probability that Bobo has fun if Bobo studies economics.
Provide a brief company and product description and describe the characteristics of your chosen product that differentiate the product in the marketplace.
What is the consumer surplus [loss] associated with the merger and what was the profit before the merger? after? increase? How does the consumer loss compare to the increase in profit?
Discuss why will voluntary actions, undertaken at individual level, be unlikely to bring about significant decrease in greenhouse gases such as CO(2)?
With use of a graph, explain how these two programs affect cigarette consumption and explain the combined effect of these two programs on the price of cigarettes.
What is the effect of the United Arab Emirates' increasing sovereign wealth funds on GDP?
Firm Z, operating in a perfectly competitive market, can sell as much or as little as it wants of a good at a price of $16 per unit. Its cost function is C=50+4Q+2Q^2. The associated marginal cost is MC=4+4Q, and the point of minimum average cost ..
Draw linear PFF representing the tradeoff between hot dogs and buns with 120 million workers available.
With respect to price elasticity of demand, create a graph using the information in figure 1. Illustrate the ranges on demand curve that indicate elastic, inelastic, and unitary elasticity.
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