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Explain how to find pareto efficiency? give an example of a problem with multiple utility functions.
The schedule below shows the level of output that can be produced using different levels of input. A unit of input costs $80 and the fixed costs of running your business are $50.
Explain the effect of such a shock on the equilibrium of the DAD-DAS model - Suppose that at time t-1 inflation is zero and there were no shocks in the economy.
The marketplace structure of Starbucks is a monopolistic competition. In the coffee industry, many producers and consumers exist, the goods and services are mixed.
If a nation can make a product efficiently but there is no domestic market for that product, how can that country increas through producing that item? Discuss the determinatives of demand and supply of a product.
Given the following variable in open economy aggregate expenditure model, autonomous consumption= 200, autonomous investment=200,
Explain the difference between fixed production technology and variable technology. Should the government set a goal of reducing the marginal social cost of pollution to zero in industries with fixed-production technology.
According to a study, the price elasticity of shoes in the United States is 0.7 and the income elasticity is 0.9a. Would you suggest that the Brown Shoe Company cut its prices to increase its revenue b. What would be expected to happen to the total q..
According to the article "Emotional Intelligence and Effective Leadership", one of the most important constructs in leadership today is the concept and application of emotional intelligence (EI).
An ice cream shop read in the local paper in which the elasticity of market demand for ice cream
Discuss within your Learning Team how and why the U.S.'s deficit, surplus and debt
Technological change eliminates thousands of jobs every year. Unless something is done to slow the growth of technology, ordinary workers will face a bleak future of low wages and high unemployment." Explain why you either agree or disagree with this..
3. Suppose that in Australia, investment is $160 billion, saving is $140 billion, government expenditure on goods and services is $150 billion, exports are $200 billion and imports are $250 billion. a. What is the amount of tax revenue? What is the g..
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