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Discuss how economic growth in India (or other emerging economies) affect United States and other emerging economies such as China by considering the effects of China's economic growth on United States' economy.
Why could sunk costs lead to post-investment hold-ups? How can you mitigate this risk? Please Give an example
If an economy's real gap increases from 100 billion to 150 billion and at the same time its imports increase from 40 billion
Illustrate what do you suppose would happen to the price and quantity of peanut butter as incomes fall during an economic recession.
Chelsey is a mother of two and buys her kids\' favorite, Kraft Macaroni and Cheese, when the price of Kraft is the same as the price of the store brand stuff. But when there is any price difference, she buys the cheaper product.
In the movie Peter says: “It’s not that I am lazy. It is that I just don’t care…The problem is one of motivation.” What kind of problem is depicted in the movie? Is it one of moral hazard or adverse selection? Explain.
Suppose that the market demand for wholesale coffee beans is given by P = 1200 - 2Q. Suppose that there are 10 identical firms, each with MC = lOq, determine the market supply. Using the market supply solved for in (a), determine the equilibrium pric..
How much labor should the firm employ? What are its resulting output and profit? What effect will this have on the firm's optimal output? Explain.
What are problems that monopolies can cause, and why is it difficult for the government to control and regulate monopolistic enterprises?
Where are you tutors from? I.E.- Are you students or employees of course hero?
If a manager who does not own a company is allowed to make decisions for the company, then:
What is the duopoly Cournot equilibrium - that is, the quantities produced by each firm - if the market demand function is q(p) = 1000 - lOOOp, and each firm has a cost of $0.28 per unit?
Develop a console program that simulates a section of a restaurant menu. Each item will have a different price and your program should define at least ten (10) items. You will need to obtain an order from the user who should provide their menu sel..
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