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Question: Discuss efficiency and Globalization. Does the world benefit from globalization/trade? What do you think about Trump's views on trade?
Provide at least one quotation from your research and its source (Must be after Jan 1, 2019) in your discussion.
Your initial post should be substantial and answer the questions in detail. Also, you must post at least TWO replies to others' posts. Your replies must be a minimum of 4 sentences long and, again, must be meaningful and detailed.
Please provide the sources of your research in the body of the post. All submissions will be checked for Plagiarism by 'Turnitin'. If you use another's words in your submission - make sure you use quotation marks and give credit. No more than 30% of your paper should be from your sources. Please be extra careful when you cut and paste - excessive cut/paste or plagiarism will result in a zero grade for the assignment!
Many retailers offer warranties on the goods they sell, whether they be electronic products, house ware predicts or cars. What type of problems resulting from information asymmetries between buyers and sellers motivate retailers to offer warranties? ..
james pizzo is president of a firm that is the industry price leader that is it sets the price and the other firms sell
Until the 1980s, AT&T held a monopoly over the national market for phone services. Suppose that AT&T argued that it was a natural monopoly.
Explain the significance and implications of various economic theories pertaining to profit, consumer choice, demand and supply, forecasting and optimization.
Which resource and in which country/industry are seen as scarce and what is being done in the industry or country. What substitutes have been used to overcome this problem
A firm produces tires by two separate processes that require different quantities of capital (K), labor (L), and raw materials (M). Process 1 requires one unit of K, four units of L, and two units of M to produce a tire yielding a $4 profit. Proce..
If a good is non-rival and non-excludable, it will never be produced by the private sector (i.e., public sector intervention is required in order for a non-zero quantity of such a good to be produced). Clearly explain why this answer is false.
a identify three economic variables that create differences in market interest rates on assets andor liabilities. b for
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The punch has a first cost of $100,000 and a useful life of 15 years. At the end of its useful life, the punch has no salvage value. Annual labor costs would increase $2,000 using the gang punch, but annual raw material costs would decrease $12,00..
An export subsidy has the opposite effect on terms of trade to the effect of an import tariff. Domestically a tariff will raise the price of the import good, deteriorating the domestic terms of trade.
Apply economic cost concepts in making business decisions share how a concept that could be related to real world experiences
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