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I understand the three types of unemployment are: seasonal unemployment, frictional unemployment, and structural unemployment. I am having a very difficult time discussing whether the internet could completely eliminate frictional unemployment? Also, why is unemployment necessary for the economy? Thank you!
Describe the idea of trade offs cost also benefit analysis when answering the above question.
Is the price elasticity of demand elastic or inelastic for that good or service. Explain how should the company alter the price of the good or service to increase revenues.
Draw a graph describing the demand and supply curves before and after the tax. describe graphically the tax revenue and how it is shared between the consumers and suppliers (producers) of gasoline.
One Chicago has just a new single-stock futures contract on Brandex stock, a company that currently pays no dividends. Each contract calls for delivery of 1,000 shares of stock in one year.
Save their domestic industries from facing any competition. It is an unrealistic approach as all the countries endeavor to achieve the same objective.
Tables John Walker is a regional sales representative for Jiffy Mowers Inc. and sells lawn mowers to stores in the Tri State area. Construct a table showing Walkers marginal sales per day in each state.
What is the cost of producing additional car when 50 cars are being produced? What is the cost of producing additional care when 150 cars are being produced?
Explain when we look at the macro economy the similar terms are known as Aggregate Demand
Describe the balance of fixed and variable costs for the organization. How can the organization use technology to change this balance for an advantage.
Illustrtae what should the arbitrageur do. Suppose that the cost of storing gold is zero and that gold provides no income.
If salary in the private organization are set equal to the value of the marginal product, how much will they rise yearly.
Assume the USA and Canada are considering to trade. Assume there are only two goods in the economy: potatoes and rice. The table below illustrates what each country can produce in a given year.
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