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If current trends continue, China may be the world's largest economy by 2020. Discuss the possible implications of such a development for (a) the world trading system, (b) the world monetary system, (c) the business strategy of today's European and U.S.-based global corporations, and (d) global commodity prices.
The stock pays a 20 percent stock dividend. After the dividend: How many shares will be outstanding? What will be the price per share?
What is the present value now (t =0) of the total revenue if the interest rate of 17% per year? specify answer to nearest cent.
What might be an example of a more elastic good? What might be an example of a more inelastic good? Explain why.
In a perfectly competitive market, each firm produces at a quantity where price is set
Suppose that the (inverse) demand curve for Cranberries is given by P = 40 - 6Q and TC = $4Q + $3Q2
Suppose that the government imposed a $1 tax each time someone used an ATM.
Mormons have a mission requirement to be admitted into their church. On average, the probability of converting someone is .03.
Economic history since the industrial revolution [in the United States] strongly suggests that technical learning, not the process of perfect competition, drives growth over time” explain why perfect competition is not conducive to innovation, i.e., ..
Describe a Pigovian taxes. If Pigovian taxes are imposed in the presence of negative externalities then does this create a deadweight loss? Describe a real-world situation where a Pigovian tax will be applicable. Show using a diagram. What might be t..
There are five flights daily from Pittsburgh via US Airways into the Bradford, Pennsylvania, and Regional Airport. Suppose the probability that any flight arrives late is 0.20, the probability that none of the flights are late today is [a].
Which of the following would NOT necessarily promote the peaceful resolution of disputes between states?
Describe some important incident, historical figure, cultural value, or movement Woodard mentions which you knew nothing about, and explain it's importance in American history. Be sure to bring up something none of your classmates have already talked..
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