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A) Using a diagram explain the impact of a tariff on consumer and producers.
B) While international trade is beneficial, list and explain 3 reasons why the government may restrict trade?
In April 2000, the seasonally adjusted unemployment rate was 3.8%. By June 2001, the unemployment rate has increased to 4.5% yet the measures by the fedreal reserve tlo reduce short-term interest rates were taken in stages, and in fact the unemployme..
Atlas Transportation is considering installing temperature logger in all its refrigerated trucks for monitoring temperatures during transit. If the systems will reduce insurance claims by $40,000 per year for 5 years how much should the company be wi..
Suppose you own a specialized auto parts manufacturer. You purchase and have installed a new machine to make a particular type of part. The price of the machine plus installation is $300,000. If you have already purchased the machine, should you go a..
Current liabilities are $900, sales are $6,320, profit margin is 9.1 percent, and ROE is 19.5 percent. What is the amount of the firm's net fixed assets?
Which of the following is a nonmonetary cost associated with purchasing a car? ___ are commonly determined by ranking people into higher or lower positions of respect.
The US can produce more of almost everything (US has an absolute advantage in the production of almost all commodities). Yet we only produce some and trade with other countries. Why don't we produce everything? What do we gain from trade?
Select an organization that you have a solid working knowledge of (an employer past or present is recommended) and conduct SWOT analysis for that organization.
What would cause the price of a good or Service to fall?
Which of the following is NOT a reason why there are economies of scale?
Determine consumption, employment, output, leisure, and the real wage in a competitive equilibrium, and explain your solutions. Also, in this problem, show that the competitive equilibrium allocation is Pareto optimal.
With whom should you consult about design strategies to improve products/services and why would you consult with these individuals or groups?
Employees bear the cost and earn the returns on investments in general training and employers bear the cost and earn the return on specific training. Is this statement true, false, or uncertain? Give an economic justification for your answer.
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