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Does tax exemption for not-for-profit hospitals still make sense?
Discuss why countries create barriers to trade when economic theory shows trade as being beneficial to a nation. Who benefits from international trade? Who loses from international trade? How can the negative effects of the failures from internationa..
A competitive firm's Total Cost function is TC(Q) = a + bQ + cQ2 + dQ3 What is the firm's Shutdown Price when a = 50, b = 12, c = -1, d = 0.1?
What is the economic justification for zoning laws, which restrict the private property owner’s right to do what he or she wants with his or her property?
Suppose the demand for steel bars fluctuates with the business cycle. This market has two firms that produce these bar and they are consider colluding to receive half of the monopoly profits. What is the lowest value of that will sustain a trigger pr..
Write a Little Man program that prints out the sums of the odd values from 1 to 29. The output will consist of 1, 1+ 3, 1 + 3 + 5, 1 +3 + 5 + 7....
Types of oligopoly that pertains to the automotive industry. The four assumptions that relate to game theory. Which types of game theory are applicable to the automotive industry?. Type(s) of Nash equilibrium that exist with the automotive industry.
Discuss the relationship between economics, business concepts (such as targeted marketing), social status, and wellness. Discuss how the relationship you describe relates to the concept of wellness as defined in this course and how it relates to spec..
In 2010 in the country of Arlandia government debt was zero. You know that the government revenue for 2011 was $344, for 2012 was $360, for 2013 was $380. The government outlays for 2011 were $197 and for 2012 were $237. If you know that government d..
A Spanish can either produce 3 liters of win or 1 kilos of cheese. A Portuguese worker can either produce 4 litres of win or 12 kilos of cheese Which countries have absolute advantages in which goods? Which countries have comparative advantages in wh..
One Tuesday the government announces two new policies. First, you must pay a head tax (lump sum tax) of $3 a day. Second, the government will subsidize the purchase of apples (but not of oranges) so that the price of an apple falls to 50 cents. Draw ..
A can of Pop costs $0.75 and 12 pesos in Mexico. What would the peso-dollar exchange rate be if purchasing-power parity holds?
Eddie’s Precision Machine Shop is insured for $700,000. The present yearly insurance premium is $1.00 per $100 of coverage. A sprinkler system with an estimated life of 20 years and no salvage value can be installed for $50,000. Annual maintenance co..
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