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Write a one page response to the following statement with Apa format with reference. . "U.S. regulators should enforce antitrust laws against the Microsoft Corporation." Begin a response to this statement with your assertion - Agree or Disagree - then provide reasoning to support your assertion.
Suppose that the country of Bigu has a population of 127 million, of which 83 million are in working- age population. of those, 2.5 million are not in the labor force and 52 million are employed. Calculate the labor-force participation rate.
What are the conditions for Pareto efficiency? Are they met in the two cases above, if the only other industry in this economy, and all factor markets, are perfectly competitive?
Suppose that the price of hamburgers is $1 per hamburger and the price of steak is $8 per steak. Moreover, suppose that Corey can spend $100 per month on these two foods. Sketch Corey's budget line for hamburgers and steak given this budget.
The following table shows the average retail price of butter and the Consumer Price Index from 1980 to 2000, scaled so that the CPI = 100 in 1980. 1980 1985 1990 1995 2000 CPI 100 130.58 158.56 184.95 208.98 Retail price of butter (salted, grade AA..
Year Units of Output Price Per Unit 1 3 3 2 4 4 3 6 5 4 7 7 5 8 8 1. Refer to the above data. If year 3 is chosen as the base year, what is the price index for year 2. Refer to the above data. What is the nominal GDP for year 4
Suppose the community has the right to clean water. The factoryowner wants to increase the level of pollution from the current 10gallons per day to the optimal level. What is the maximum totalpayment that the factory will be willing to offer
How does the topics in Chapter 7, Chapter 8 & Chapter 9 link to this case study?
in a country output is produced with labor and physical capital. the production function in per-worker terms is yk12.
the industry demand function for bulk plastics is represented by the following equation p = 800 - 20Q where Q represents millions in pounds of plastic the total cost function for the industry, exclusive of a required return on invested capital is ..
A manufacture has been selling 1700 television sets a week at 420dollars each. A market survey indicates that for each 21 -dollarrebate offered to a buyer, the number of sets sold will increase by210 per week.
Suppose you may choose between two machines for production atyour store. Both machines have a useful cycle of 10 years. MachineA cost $10,000, leaves an annual (EOY) income of $2,500, machine Ahas annual expenses of $1,000
Susan consumes apples and bananas. Her utility function is given by U(A,B) = AB where A is the quantity of apples and B is the quantity of bananas. Sarah is maximizing her utility by consuming 5 apples and 10 bananas. With the number of apples on ..
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