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Assignment:
Drawing on each book ("Understanding Capitalism: Competition, Command, and Change" Bowles et al and "Microeconomics: Principles & Applications" Hall and Lieberman) explain how the hourly wage rate (and level of employment) is determined in the political economy and neoclassical perspectives. From the surplus approach why does the analysis of the cost of job loss matter for the production of the surplus? Be sure to first explain what the italicized term means.
suppose there are two technologies that can be used for irrigation. flood irrigation is relatively inefficient. for
Describe the change that must occur for it to come about. Also identify the major barriers or resistance to change and how you would propose to overcome them.
Identify and describe a real world example of an oligopoly. What characteristics of this market fit the definition of an oligopoly? What role does advertising play in this market? Is this consistent with what you've learned about advertising and olig..
A pharmaceutical company has hired you to perform an economic analysis on a currently ongoing project. Experts from the company have estimated the market for the drug and thus the potential revenues for the drug are knows, but the relevant costs a..
Suppose you are assigned to assess a 50,000-square-foot office building that currently is fully leased at $10 per square foot. The owner's annual costs.
Examine the rates of growth in the service categories
(Aggregate Demand and Supply) Determine whether each of the following would cause a shift of the aggregate demand curve, a shift of the aggregate supply curve, neither, or both. Which curve shifts, and in which direction
Explain the role that government regulation plays in controlling the otherwise monopolistic tendencies of a real-world market
You want to bank enough money to pay for 4 years of college at $15,000 per year for your child. The savings account will pay an effective rate of 6% per year.
What are the two accounts of an economic system and List all the components on both sides as they appear in the text - Compute the total GDP
Does your company use transfer pricing to "charge" divisions for the cost of the products they consume? Are these prices set equal to the opportunity cost.
assume now that people talk about the movies they watch and therefore the willingness to pay for a particular movie is
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