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Question 1: How do you know what type of model suits best for the situation in economics? For instance, with different types of problems, are tables better than graphs when displaying data?
Question 2: Are the effects of unrestricted free trade better than the use of trade barriers, even though with barriers resources are used less efficiently?
Question 3: Though specialization allows for people to develop skill and efficiency and develop innovation, doesn't specialization also mean that people may become bored from doing just the task they specialize in? Also, in global terms, if a country specializes in a good they have a comparative advantage in, and other countries are dependent on it, then wouldn't political events possibly disrupt trade?
In terms of currency denomination, describe how the firm prices its revenues and costs. What means do they use to hedge against exchange rate risk?
Describe methods used by businesses to raise financial capital. Describe how households supply financial capital for businesses.
Suppose that the president proposes a new law aimed at reducing healthcare costs. All Americans are required to eat one apple daily. How would this apple a day affect the demand and equilibrium price of apples?
Evaluate Zappos' approach to social media, focusing on key elements of the company's social media strategy. Assess the effectiveness of Zappos' online marketing, analyze two or more methods in which the company has incorporated its social media str..
Suppose P = $1.00. What is the price elasticity of demand? What is the cross-price elasticity of demand?
Last year, you estimated you would earn $5 million in sales revenues. How much should you be willing to spend to complete the product development?
a software producer has fixed costs of 120000 per month and her total variable costs tvc as a function of output q
You just inherited $10,000. while you plan to squander some of it away, how much should you deposit in an account earning 5% interest per year if you'd like to have $10,000 in the account in 10 years.
Analyze the economic theory used to complete the policy solution and determine the impact on the appropriate stakeholders.
1. Why is Insufficient Sleep considered a public health epidemic? What are the personal costs? The costs to society?
You spend $1000 and in return receive two payments of $1094.60-one at the end of 3 years and the other at the end of 6 years.
A paper mill discharges gunk that causes damage of $200 to the fishermen's business. The pollution damage can be eliminated in one of two ways: the mill can install a filter at cost $300 or fishermen can install a water treatment plant at cost..
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