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Question: When answering these questions, you need to conduct research to back up your opinion. Please note the number of marks assigned to a question. Cite at least 5 current (within 3 months), Canadian articles that support your opinions. You must use (and cite) these articles in your discussion and explain how they influenced your opinion. If I am asking your opinion, you must explain why you feel that way and back up your opinion with the articles.
Suppose that you estimate the demand function for a good X is Q(d) = 2000 - 5P(x). What is consumer expenditure and consumer surplus
The public tends to view trade deficits with alarm while macoreconomics claims that trade deficits can actually be usefull for the economy. Discuss the macroeconomists position on trade defilicts
Explain the complications involved with attempting to compare the economic welfare in China and the United States by using the GDP for each country.
Discuss any recent purchases you have made and for which you feel that a similar rationale seemed to be at work.
At the same time, taxes in the town go down. Using the demand and supply curves, what happened to the equilibrium price and equilibrium quantity.
What fraction of the total variation in the quantity demanded of good Y remains unexplained? What can the student do to increase the explanatory power of his demand equation? What other variables might he add to his demand equation?
Find out the optimal weekly output and price of this firm. Find out the weekly profit from the production and sale of this product.
Elucidate the difference among a monopoly and an oligopoly, the welfare effects of monopoly, cost advantages that create monopolies, government actions that create monopolies, and government actions that reduce market power.
Suppose as well, that all voters favoring liberal candidates will vote, while only 50% of those favoring conservative candidates will vote. Create a graph to show how the political equilibrium will differ from an election in which all citizens vot..
Why did Trump signed tariffs on Steel and Aluminum? What was his rationale for this decision? What was reaction of EU to the announcement of these new tariffs?
There are one firm and two types (low-ability and high-ability) of workers. The cost of attending a college is $8,000 for a high-ability person and $20,000 for a low-ability person. What is a Nash equilibrium? What is this equilibrium called
The Mississippi Bridge Authority operates a toll bridge that crosses the river near St. Louis. Traffic over the bridge includes tourist traffic and commercial traffic. It also includes commuters who work in St. Louis but live on the Illinois side ..
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