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Group of employees are paid based on the total task done by them (task to pick, sort, arrange and clean the factory). Team prefers to divide the pay equally between themselves. Can there be any issue with this system (except free rider issue).
What are the advantages and disadvantages of using an expansionary monetary policy in a recession compared to using fiscal policy? The question is specifically about the advantages of monetary policy compared fiscal policy in a recession. What are th..
Why are health and education so closely linked in the development challenge? What are the most pressing health and education challenges today? What is the supposed rationale for subsidizing higher education in many developing countries?
A monopoly is considering selling several units of a homogeneous product as a single package. A typical consumer’s demand for the product is Qd = 60 - 0.25P, and the marginal cost of production is $80. Determine the optimal number of units to put in ..
Describe the macro-economic conditions that have led to the current oil price. You will be graded on your understanding of the macro-economic variables, their specific quantifiable variances, and the motivations of the actors that led to these condit..
Suppose that the inflation rate in Oct is 8.1%, the inflation rate in Nov is 2.6%, and the inflation rate in Dec is 8.9%. The Price Index was 100 in September. What is the value of hte price index in December?
How will this affect output and unemployment in the long run? c) Use an AS-AD graph to show the transition from the short run to the long run.
A local landfill currently charges $100 per half ton load of waste to dump. The marginal costs to the landfill of operating the dump are about $60 per half ton load of waste. Assuming the landfill pricing is dynamically efficient, what is the MUC of ..
Suppose the equilibrium price for a life-saving surgical procedure (inelastic demand) is initially $10,000. Now suppose that a law is passed which requires hospitals (the suppliers of the surgical procedure) to pay a $1,000 per-unit excise tax on eac..
Consider the following sequential ZSG. First, nature chooses heads or tails, each with probability one-half. Player 1 then sees nature’s choice, and chooses heads or tails. If player 2’s choice matches nature’s choice, player 2 wins a dollar from pla..
Use an example to illustrate an explanation of why moving from a total catch restriction to a quota system is likely to lead to better biological
What's the difference between Chesapeake women and native women in the seventeenth century?
Write a three paragraph report from a Western perspective summarizing the topic. In paragraph three, explain the economic impact imposed on the U. S. in attempt to settle the tension with Western nations. Cite your sources using APA Guidelines.
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