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Explain how the labor market plays a critical role in determining poverty inequality
Elucidate the way in which short-run AFC, AVC, ATC also MC vary as the output of the firm increases.
In the Keynesian income-expenditure model, how does an increase in the exogenous component of taxes effect the equilibrium GDP.
Suppose that a car dealer has a local monopoly in Selling Volvos. It pays the wholesale price w to Volvo for each car that it sells, and charges each consumer the retail price p. Suppose that the car dealer and Volvo work separately. What would be th..
Write an algorithm for k-nearest-neighbor classification given k, the nearest number of neighbors, and n, the number of attributes describing each tuple.
The “Broken Window Fallacy” goes as follows. A baker comes to his shop one morning and discovers someone has thrown a rock through his window. It will cost $300 to fix, and while he is bemoaning this someone says “I know it is hard for you, but socia..
What is the EPS for the company if it has a P/E ratio of 20? Round your answer to the nearest cent.
In order to create more revenues for government, taxes should be implemented on either wealthy individuals or on the luxury items they buy (i.e. jewelry, yachts, stocks and bonds, expensive cars) because they can afford them the most.
When Hernán Cortés was leading his men in conquest of the Aztecs in Mexico, he famously burned his boats on the beach before setting off inland.
Firms often face the problem of allocating an input in fixed supply among different products. Find the optimal crude oil allocation for the following example if the profit associated with square foot of fiber is cut to $0.375, What is gasoline margin..
Beloit Co. is a manufacturer of? mini-doughnut machine makers. Early in 2015 a customer asked Beloit to quote a price for a? custom-designed doughnut machine to be delivered by the end of 2015. Once? purchased, the customer intends to place the machi..
Under the trade model with external economies of scale, is it possible for a country to be worse off with trade than it would have been without trade?
Car Depreciation problem: A common complaint is that a new car will depreciate by 25% as soon as the new owner drives it off the lot. This information comes from resale price data from cars sold just months after the initial purchase. How does advers..
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