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What is the difference between positive and normative economics? How can knowledge of positive economic be useful in normative economics?
Think about a noncompetitive market in which you participate regularly. Explain which characteristic(s) of competitive markets your market does not meet.
Consider a close economy with the following consumption and tax function C = C0 + bY D , T = T0 + tY - Identify the endogenous and exogenous variables and the parameters
Apple conspired with five publishers to undercut Amazon's 90 percent share of the e-book market, which caused e-book prices to rise to $12.99 or $14.99.
Suppose a tax of $4 per unit is imposed on a good, and the tax causes the equilibrium quantity of the good to decrease from 2,000 units to 1,700 units.
What are all the issues here that should be considered by the Chamber's president,
Analyze the primary potential benefits of learning about health economics related to government involvement in healthcare economics, financing, and delivery.
Should the Social Security earnings test be eliminated? What are the benefits and costs of doing so?
When eating as a group in a restaunrant it is common practice in Germany that everyone pays his/her own bill. On the other hand, in many other countries
The XYZ Block Company purchased a new office computer and other depreciable computer hardware for $4800. During the third year, the computer is declared.
A domed municipal stadium is being touted to attract professional sports franchises. Name at least four each of benefits, disband fits, and costs.
The manager of a coporate division faces the possibility of an audit every year. She prefers to spend time preparing if she will be audited; other wise, she would prefer to invest her time elsewhere. The auditor, who gets recognized for uncovering..
In 1987, the price of Disney's stock rose to about $20 per share. How much were Eisner's options worth? How much would Eisner's 1985 bonus have been if Disney's net income that year were $100 million? If it were $200 million?
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