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Select a news article dated within the previous two months, and analyzes the issue using the economic concepts and theory learned in this class. Develop a 3 page double-spaced paper that advocates a position on this issue. Title page, appendices and bibliography are not to be counted in the page total for the narrative portion of the paper. Your paper should begin with a concise summary paragraph that (1) states the problem and (2) summarizes your position. The remainder of the paper should support and explain your position. The paper should include at least one graph developed in our course and define all economic concepts used to build your argument. Possible graphs/concepts/theories to use in your paper include:
An annual subscription service for solid modeling software, which covers technical support and upgrades, is $1595 per year. If the software needs to be supported for each of 4 years starting 2 years after purchase, calculate the 5-year equivalent uni..
The City of Brandon is installing a new swimming pool in the municipal recreation centre. Two designs are under consideration, both of which are to be permanent (i.e., lasting forever). The first design is for a reinforced concrete pool that has a fi..
Illustrate what are the key determinants of Spectrum Healthcare Resources fixed cost and variable cost in short-run.
Brad will graduate next year. When he begins working, he plans to deposit $3,000 at the end of each year into an IRA account. If the retirement account pays 4% interest, how much will be in his account after 40 deposits? ( Please show work step by st..
Identify two failed products and discuss the reasons that led to the products' failure. Or you may contrast the failed products with two from similar categories that were successful and try to figure out why they were the winners.
The estimated demand for a good is Q=25-5P +0.32M+12P where Q is the quantity demanded of the good , Pr is the price of the good, M is income, and Pr is the price of related good R. If income decreases by $1000, all else constant, quantity demanded w..
Suppose that the demand in a particular industry is given by Qd = 500 − 2P. When the market price in the industry is $50 per unit, total demand in the industry is _________. Furthermore, assume that the entire market consists of four firms that share..
A) Find the long run total cost curve if A = 1. B) What happens to the total costs if A = 2 instead? Explain.
q1. the husband of miss young is a monopolist with constant marginal costs of 50 that can sell to three groups of
Compute the company's total costs, and graph the revenue curve and the total cost curve. Do the curves have the shape you expect. Over what range of production is the company making pro ts.
Graph and explain: If you do not know how to use the computer to do this, do it by hand then scan it and send it by e-mail. You can use any software package you like. It is January 2015 and the gas price is dropping dramatically. I just saw is at Cos..
If older workers have a tax elasticity of labor supply equal to 0.20, by how much will their work activity decline when they reach the Social Security earnings test limit?
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