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In the realm of international economics, what do you think are the greatest current and upcoming challenges facing the United States and other countries? Discuss one current challenge and one upcoming challenge in detail.
Suppose c = wL + rK and q = L 1/3K 1/4 and perfect competition in all markets. Find the demand for labor and capital and the supply of q. If p = 8, w = 1 and r = 2, find the quantity supplied and the profits.
Explain the concept of Management. Review In brief the main functions of management - what advantage planning confers to the organization. How will you classify
In a market with free entry and exit, who bears the burden of a tax? Given this fact, how might tax incidence differ in the short and long run? [HINT: Recall how the market supply curve looks like when there is free entry and exit]
An essay to Critique of the 2016 United States Federal Budget. Choose 5 departments to critique.
Recommend one (1) of the career options. Identify the most attractive features of the position.
Please provide list of Alternatives and Implementations for the Fortune 500 company Aramark. After they are listed, please give details in paragraph form.
You short-sell 200 shares of Tuckerton Trading Co., now selling for $50 per share. Illustrate what is your maximum possible gain ignoring transactions cost.
Sam has preferences for consumption goods (C) and time spent on leisure (L). The utility function is u(C,L) = CL. The household also has a home production technology summarized by a production function. How much time will Sam spend in leisure? How ma..
Two companies are deciding at what point to enter a market. The market lasts for four periods and companies simultaneously decide whether to enter in period 1, 2, 3, or 4, or not enter at all. Thus, the strategy set of a company is {1,2,3,4,do not en..
What is the equilibrium price and quantity? What is the market outcome if the price $2.75? What do you expect to happen? Why? What is the market outcome if the price is $4.25? What do you expect to happen? Why?
Describe the cost function and explain the difference between a short-run and a long-run cost function. Describe the elements of a cost schedule which can be derived total, fixed, and variable costs. Compare and contrast the short-run cost function a..
A firm has a short run cost function of c=y^3-10y^2+35y. What is the minimum price at which the firm will supply output?
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