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Environmental Migrants: More than Numbers - Our World (unu.edu)
1. Summarize the article
2. Use a Decision Theory to explain the article (either a Description or Normative)
3. Use a Utility/Outcome model to explain the article (either Savage or Dewy)
4. State 2 causal factors that matches the chosen theory and utility/outcome model
5. What are the consequences of the stated causal factors.
1) Distinguish between explicit and implicit costs, and between normal and economic profits.
Note that reverse culture shock refers to the process readapting to one's home culture following an overseas assignment. Why do you think this might be a challenge?
Explain the effect of externality on monopoly and perfectly competitive market outcomes (i.e. price and quantity) including dead-weight loss.
The demand for milk and the total costs of dairy production are specified by the following:
3. What could Jane do to increase total revenues for her firm if she had no control over costs (e.g., reducing costs is not an option)?
Using what you learned about elasticity and taxes in this this week's readings, evaluate that statement.
a. What is the present value of this series of payments? b. What is the future value of this series of payments in year 5?
The home country has a very elastic (flat) export supply curve. The home country has a inelastic (steep) export supply curve. other things held constant, under these two situations which one will home country have a larger TOT (tariff Revenue) gain a..
Give your opinion on whether being an effective critical thinker makes decision making easier or more challenging. “The major difference between a successful person and one that is not successful is that the successful person, over time, tends to mak..
You decide to open a retirement account at your local bank that pays 8%/year/month (8% per year compounded monthly). For the next 20 years you will deposit $400 per month into the account, with all deposits and withdrawals occurring at the end of the..
Perfect competition is sometimes described as the ideal market structure. Why does P=MR=MC=AR=D for a perfectly competitive firm?
What items should be included in other comprehensive income?
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