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1. Explain Lack of Health care in the rural areas as a complex development problem in Africa
2. What are the underlying causes?
3. Who is responsible for addressing and solving this problem
4. Your proposed innovative solution to the problem
5. How would you implement it
A random sample of 200 purchases at an online bookstore showed that the average purchase is $43.26 with the standard deviation of $20.67.
Based on what you have learned about monopoly markets and markets in oligopoly, which of these two do you believe is more harmful for the consumers and for the economy, and why? Do you believe all monopolies should be considered illegal?
A US Treasury Security is paying an interest rate of 1.18 percent for a 1 year zero coupon bond. The country of Benin is also giving a 1 year zero coupon bond. There is a probability of 0.05 that Benin will default and pay you back nothing (r=-1). Ot..
Aside from retail sales and marketing, identify and discuss two ways that a business could reduce costs or increase profits by using the Internet or Web applications.
If a monopoly generally brings a loss of economic efficiency and consumer surplus, why would a local government give only one utility company
The Darwin Economy question: Why is the title of chapter 6 called, Perpetrators and Victims, and how does it relate to the work of Ronald Coase?
A water utility for a growing city is considering expanding their capacity by investing in a larger system of wells. Their long-run marginal cost of water provision is characterized by the function MC(q) = 5 + (2/3)(q) (q is in thousands of gallons)...
Identify a topic that you think is an important one for near-term research by environmental economists. What advances in knowledge would you hope emerged from it, and how could it be used to inform environmental policy? Be specific. And make sure you..
Consider what is likely to happen to the level of profit earned by a firm if barriers to entry are introduced in a perfect market.
Suppose a firm's demand curve is given by P = 120 - 0.5Q. Find the (value of) price elasticity of demand (point elasticity) for the demand curve when the price is $100. Is demand elastic or inelastic?
How would a more controlled access to credit by firms and individuals have reduced the over leverage of businesses and individuals and decreased the likelihood of the recent economic downturn?
You should adjust your price to ______sue to the new entry and decreased demand elasticity.
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