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Discuss the welfare effects of government intervention in the form of legislation that sets the minimum wage above the equilibrium wage rate, support answer with diagram.
Summarize the history of land use planning in the United State as presented by Tyler and Ward and discussed in class. How has land use planning evolved? What was its initial purpose/function in the early 20th century and how did this change over t..
Are you in favor of either deficit spending on the part of government or one of a balanced federal budget and budget surpluses?
What do we mean by economies of scale? What are internal economies of scale? What are external economies of scale? What are the sources of external economies.
What happens to the scale of firms in the long run What motivates firms to choose the scale of operation that they do How does the market adjust in the long run when firms are earning short-run economic profits
What are the roles of transactions costs, economies of scale, economies of scope, and economies of team production in the design, manufacture.
Inventory requires you to use the skills gained in Module/Week 7 to create an inventory management plan for a sport or entertainment organization.
Suppose there was a Bertrand duopoly. Each firm produces the product at constant average (and marginal) cost $10, and the demand for the product is given by Q = 5000? 100P
Read the newspaper article "The Landlords: Two Sides of a Coin" by Diane Wedner in the Los Angeles Times - Use the article to explain the costs and the benefits associated with rent-controls
If there is a constitutional requirement to maintain a balanced budget, then during a recession when tax revenues are shrinking, the government will have to implement
does fiscal policy have a strong impact on aggregate demand? did the shift of the federal budget from deficit to
What is the equation for a slope of an isoquant? Is it constant? What does the slope indicate?
Suppose Linda and Jack are doing Biology and Economics homework. Who has the absolute advantage in doing Biology homework? Who has the absolute advantage in doing Economics homework
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