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Question: Explain the difference between a short-run and long-run production function. Cite one example of this difference in a business situation, if possible, a Zambian business situation and add citations.
The textbook explains real-business-cycle (RBC) models and how each one impacts ?uctuations on employment, unemployment, or output. Discuss relevant policies that impact these areas of fluctuation with emphasis on the policy’s goals and intended effe..
Budweiser (now owned by a Belgium based beer company called InBev), Miller and Coors who together produce 85% of all beer consumed in the US, each spend well over $250 million a year on television advertising campaigns, promoting their beer brands. O..
Which of these did the new Dodd-Frank act to do something to address:
How disparate are returns if you win. As disparity increases => marginal benefit increases. Which of these two explanations is correct.
How do economic inequality and economic insecurity relate? (Find some information describing the current situation in the US, as well.
According to Jared Diamond, what are the “roots of inequality” in the division of the world into ‘haves’ and ‘have-nots? What role has “the roots of inequality” played in the division of the world into ‘haves’ and ‘have-nots’ within today’s globaliza..
You are the manager of a midsized company that assembles personal computers. You purchase most components – such as random access memory (RAM) – in a competitive market. Based on your marketing research, consumers earning over $80,000 purchase 1.5 ti..
(a) What is the interest rate for buying versus leasing? Which is the better choice?
How does a mismatch between price charged and actual equilibrium or market-clearing price tends to generate a surplus or a shortage?
Suppose you are the CEO of a large Canadian manufacturing firm that both imports raw materials from the U.S. and exports your product to the U.S.
Explain how many cars does the United States export. Suppose a car costs $10,000 on the world market. How much, then, does a barrel of oil cost on the world market.
Explain the impact of COVID 19 on the GDP of Fiji. (Hint: Study the components of GDP with respects to the effect of COVID 19 on each component)
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