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Explain the benefits of a market economy in answering the 3 basic economic questions
What is to be produced?
How are the goods to be produced?
For whom are the goods produced?
Illustrate what price and quantity will prevail if the monopolist is not regulated. What price-output combination would exist with efficient pricing.
A struggling company currently has a total value of $700,000. It owes $500,000 from debt financing (assume these are loans from the bank if you wish). The value of the company to the owners is the difference between the total value and the amount owe..
Why manufacturer guarantees the computer for one year only. The cost of the extended warranty is $150. Analyze this proposition using the concepts you learned in the module on risk analysis.
"Child Labor should universally outlaw" Are you in favour of or against this statement? Explain three different arguments with data in support of your choice.
Select the best description of zero-day vulnerabilities. Support your choice by describing why your choice is the best description.
In what ways does the Krugman model of trade differ from the Heckscher-Ohlin model of trade? In what ways does the Linder theory of trade differ from the Heckscher-Ohlin model of trade?
A one-price monopolist faces a demand of P = 107 – 0.015Q and has a total cost function C(Q) = 5000ln(Q) + 30Q. Calculate the profit of the monopolist. Prove that regulating the monopoly to produce with no deadweight loss will drive them out of busin..
Consider the market for cable-based Internet access service, which is a normal good. Explain whether the following events would cause an increase or a decrease in demand or an increase or a decrease in the quantity demanded.
Identify and briefly explain in your own words three specific macroeconomic topics or ideas that you found to be the most important and/or most interesting. Be specific, and explain.
what is the least-cost input-combination of labor and capital and how much output is produced with that set of resources?
Herbert spends all $50 of his pay check on food and shelter which each cost $5 per unit. What is the equation of his budget line?
A dissenting opinion in this case argued that Jerry Schuster did carry on his father's business and should be liable for obligations of the continued business. Does that strike you as reasonable? Shouldn't a warranty be valid so long as the business ..
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