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Using a diagram and relevant assumptions explain the production possibility frontier (PPF).
In 2008, he purchased $150,000 worth of jerseys from manufacturers, employed a receptionist for$40,000, purchased $20,000 worth of workplace insurance, and sold jerseys for a grand total of$280,000 in revenues.
Suppose your local Congress representative suggests that the federal government intervenes in the gasoline market to stop runaway price increases. Would you say that this view basically supports the Keynesian or the Monetarist school of thought? Why?..
The city government is losing millions of dollars on the system of mass transit (buses and subways). The government proposes to increase the fare of a ticket by 20% and they have asked your advice. You know that the price elasticity of demand for mas..
If one parent is a carrier and the other parent has sickle cell disease, what are the chances of the offspring having sickle cell disease? Provide reference
If the prices of gold and other commodities increases how will this influence the value of the rand. Explain how will a depreation of the rand influence our exports and imports.
q1. if the economy currently has a frictional unemployment rate of 2 percent structural unemployment of 2 seasonal
There are N hostages and one bad guy, who needs a password from the hostages. One by one, the bad guy asks each hostage for the password. If the hostage squeals, the game ends; otherwise, the hostage dies, and the bad guy moves on to the next hostage..
Big Dom's Pawn Shop charges an interest rate of 27.3 percent per month on loans to its customers. Like all lenders, Big Dom must report an APR to consumers.
The Board Looks to You Bond valuation with realistic business details including early-call premium. Medium difficulty. Good example of employer taking a small
Economic growth over the past decade in the country Tarragon has been very low. As a? result, the unemployment level has remained high. Which of the? following, if? true, will weaken the claim that it would be more effective to lower corporate taxes ..
For each of the following utility functions listed below. Write down the optimization problem, Determine whether you expect an interior or a corner solution,
Suppose the demand for oil declines. Will the equilibrium price of oil decline more if the supply of oil is elastic or if it is inelastic? Illustrate your answer with a demand and supply graph.
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