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Political Economists suggest that discrimination can be eliminated or reduced by..
a. Banning Corporations
b. Eliminationg monoply markets
c. Requiring students to take an economics of discrimination course
d. eliminating capitalism (not d)
Assume the equilibrium quantity is 10M of automotive wiper blades at an equilibrium price of $2 per blade. If the government imposes a limit of 8M wiper blades for the private sector in order to support an increased need for rubber in classified oper..
Research the two major study designs–cohort and case-control–used in health care research. Find a research article on any topic in health care. Which study design has been used for research? What is your learning from the chosen article and its study..
how many pineapples will she consume? If her income increases to $120, how many grapefruits will she consume? Are grapefruits a normal or inferior good?
(Cournot's duopoly game with linear inverse demand and a quadratic cost function) Find the Nash equilibrium of Cournot's game when there are two firms, the inverse demand function is given by P(Q) = a - 2* Q and the cost function of each firm is
How does a government budget deficit affect the economy? Identify two periods in recent history in which the United States has run budget deficits. What were the reasons for the deficits during those time periods?
1. Explain why resources of the island need to support more people than just the native population. 2. Identify and explain TWO examples of scarce resources mentioned above.
When the price of oranges increases from $1.00 per pound to $1.50 per pound, quantity demanded falls from 500 pounds to 400 pounds. Calculate the price elasticity of demand. Is the demand for oranges price elastic, inelastic, or unit elastic? Explain..
Suppose that in a week the price of Greek yogurt increases from $5.00/lb to $5.25/lb. At the same time, the quantity of Greek yogurt supplied increases from 100,000 lbs to 125,000 lbs. What is the price elasticity of supply for Greek yogurt?
Is project control different in an Agile project? What is the role of a project manager in controlling an Agile project? What is the role of the project client, sponsor, or customer at controlling project changes?
Prices for a medical procedure average $1,000 and range from $800 to $1,200. How much could a consumer paying full price save by getting the best price? Suppose that insurance is responsible for 75 percent of the consumer’s spending and that out-of-p..
Suppose that there are 100 symmetric firms each with a constant marginal cost 3 and a fixed cost 4. They first decide (simultaneously) whether to enter or not enter a market. A firm that does not enter get payoff 0. Find two subgame perfect equilibri..
After the Federal Reserve increases the growth rate of the money supply, what is the new total spending growth rate? Now think about the point that the economy ends up at that is the new long run equilibrium. What is the value of expected inflation f..
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