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Can you explain normative and positive economics. Could you please explain the difference between the two and give some examples?
A small consulting firm is only interested in hiring College graduates (denoted by S), but it does not know how many it should hire in order to be profit maximizing. Assume there is a competitive wage of $20 per hour and the production function is F(..
Kathleen likes avocado also crab dip. After eating avocado also crab dip with four crackers, she switches to cheese with crackers.
Capital stock at the end of the year of this economy to remain constant as the beginning of the year, how much investment is needed.
Which of the following is not part of the underwriting process
Explain this function. Identify two rationing tools other than market forces.
- What is the "traditional story" of the Enclosure movement? Criticize this story.
There has been an increasing trend towards outsourcing manufacturing from the US. In the tennis shoe manufacturing industry, some companies such as New Balance still manufacture some portion of their products in the US despite the opportunity of chea..
ADVANCED ANALYSIS Assume that demand for a commodity is represented by the equation P = 90 - 2Qd and Supply is represented by the equation P = -5 + 3Qs where Qd and Qs are quantity demanded and quantity supplied, respectively, and P is price.
For many years, a large number of charter boats have operated out of Boston Harbor that take people out to fish.
Porter’s five forces of competition are as follows. Give an example of an industry where profitability is low (besides the airline industry). Apply the 5 forces to your chosen industry and demonstrate how those forces can lower profitability.
Discuss the three branches of government and the role each has to play in our system, including the checks and balances that each has on the others. Analyze and evaluate the various issues presented while arguing and debating the connections between ..
Success of a company investing and operating in a foreign country depends on the competitive advantage of the company. The entry strategy could be technology based, quality based, or cost based. Explain and comment.
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