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Discuss why a firm may decide to continue producing a good even if its price may be less than the average total cost. (Hint: Refer to the shut-down point and provide a real-world example so others can come up with different examples).
This week contains multiple discussion questions that you are required to answer. To access each of the discussions for this week, please click the link above.
Consider a country that produces shirts and autos. Shirts are produced with sewing machines (specific factor) and labor while autos are produced using robots (specific factor) and labor. Labor is mobile between industries. The country is initially..
What are some simple ways in which families or teachers can implement on kids so that technology is not their main focus of attention?
If the required reserve ratio is 10% and $1,000 of new bank reserves are created by the Federal Reserve, what is the maximum potential increase in the quantity of money in the economic system (not just the money created by the banking system but the ..
What is the relationship between the multiplier and the marginal propensities? Explain.
What are the benefits associated with Cloud Computing? What are the security risks associated with Cloud Computing?
What is the cost of regular unleaded fuel in your town? What are some contributing demand and supply factors to the differences in fuel prices around the country?
A Wall Street Journal offered the following opinion of the bond market in September 2012, when inflation rate was about 2%: “Someone buying long-term bonds yielding 1.5% or 2% and then seeing consumer price inflation of 4%, will be on the losing end ..
A heating-oil distributor blends two grades of heating oil (regular and non toxic) from three products (called distillates 1, 2, and 3) produced in the crude-oil refining process. The distillates are purchased from a local refinery. We assume that a ..
Several of the readings we’ve done this semester have suggested that the valorization of certain approaches to social “science” can mean the exclusion of alternative theoretical perspectives. In the “real world” this tension plays out in the policy s..
Assuming your Best Alternative to a Negotiating Agreement (BATNA) is letting a court sell your shared property, discuss how it may help you reach an agreement. Recommend other strategies that you could use to accomplish a successful negotiation.
q. consider the following data on us gdp.year nominal gdp billions gdp deflator base year19962000 9873 1183 1999 9269
The cash-for-clunkers program: objectives and results. Did the car companies ripped the benefits of the program
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