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1- Explain the difference between accounting and economic profit. What does zero economic profit mean?
2- What is a market failure? Define the two important instances in which market failure can occur.
3- What is the social value of a good include in the presence of positive externality?
4- What is the difference between Index Funds vs. Managed Funds?
A person borrowed $200,000 at 7.39% for 10 years for start-up costs for his new business. Assume he makes all of his monthly payments as scheduled.
Suppose both supply and demand decrease. What effect will this have on price?
Consider two countries, one is richer and one is poorer. Show that it is possible that the poor country will grow at a slower growth rate than the rich country. ( Hint, consider different steady state)?
Compare the level of competitiveness between INDIA and US in software industry using Michael Porter' Diamond model
With the excise tax of $0.20 per six-pack, Kristine purchases three six-packs of Diet Coke per day. If the government eliminates the excises tax
Explain what is the difference between firms in monopolistic competition and firms in oligopoly. What does this difference mean for prices and quantities and for economic profit?
Suggest at least two SQL optimization techniques that can be used to enhance the data access turnaround time and transaction processing time.
The management section of a formal solicited proposal includes
Marge has spent her entire budget on milk and cookies. The last glass of milk provided Marge with 10 additional utils and the last cookie provided her with 25 additional utils. The price of a cookie is twice the price of a glass of milk. Assuming tha..
Explain economic fluctuations and how shifts in either aggregate demand or aggregate supply can cause booms and recessions using the model of aggregate demand and aggregate supply.
Assume you are the plant manager for Crossroads Sign Company, which produces road signs in a market that approximates perfect competition. Due to a slow economy,
Explain how this change in taxes affects consumption, aggregate demand, and investment spending. With this in mind, should this be enacted?
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