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Assignment:
We discussed price elasticity of demand. Watch Congresswoman Ocasio-Cortez use the same concepts while talking about healthcare:
Can you think of examples of products that are highly inelastic or highly elastic?
The BIG Idea How can the projection of population trends help determine the direction of economic development?
Require a lot of calculations in STATA
amount of beef or computers produced by one worker in a daycanada japanbeef 8 5computers 3 42. which country has the
What does this imply about the inflation rate in the US and Columbia during this time according to our long term exchange rate theory in the course?
How many books and movies would maximize your level of satisfaction given the budget of $60.00 and are the charts above consistent with the Law of Diminishing Marginal Utility? Why or Why not?
the depreciation schedule for a machine has been arrived at by several methods. the estimated salvage value of the
Suppose the government is thinking of requiring pharmaceutical companies to print. Why is the new disclosure rule likely to benefit the average consumer?
How did the 1971 law that banned cigarette advertising on television solve the prisoners' dilemma for cigarette producers?
Summarize the firm's history, its recent and current operating results, and the economic, social, and political forces that affect it most and present a brief SWOT analysis.
Assume you are the manager of a firm that holds a patent that makes it the exclusive manufacturer of a unique SD card. Based on the estimates provided by a consultant, you know that the relevant demand and cost functions for this SD card are Q = 1..
The market price of fish falls to 33.33¢ a kilogram, but the packers' wage rate remains at $7.50 an hour. How does the students' marginal product change?
Consider some positive and negative externalities? How does economics try to create properly defined incentives that yield desired outcomes.
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