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Use the concepts of economies and dis-economies of scale to explain the shape of a firm's long-run ATC curve. What is the concept of minimum efficient scale? What bearing can the shape of the long-run ATC curve have on the structure of an industry?
Explain how executive privilege has been used by presidents throughout the history of the US?
What is the function, as well as what are the main ingredients as well as connections within the policy planning network doing off describes.
A researcher conducts an experiment on the IQ of one hundred randomly selected only children and finds that their average IQ is 145. Test the hypothesis that the IQ of only children is below 150 at a level of significance of 5 percent. Construct the ..
What would happen to GDP if the government hired unemployed workers, who had been amount $TR ain unemployment benefits, as government employees and now paid them $TR to do nothing? Explain.
Suppose that this year the money supply is $500 billion, nominal GDP is $10 trillion, and Real GDP is $5trillion. All underlying work must be shown to receive full credit. What is the price level this year? What will happen to nominal GDP and the pri..
Mining is proposed for a wilderness area that provides two benefits: recreation due to backpacking opportunities and biodiversity there are endangered wildlife and plants.
Answers the business economics questions, Capital markets enable us to spend large sums of money that don't belong us. Would it be necessary to create an internal capital market if a firm was to be led by market-based management? Explain.
Consider this statement. “It is estimated that leaky pipes and dripping faucets are the source of hundreds of thousands of dollars of lost water each year. Business firms could reduce waste by inspecting more pipes thoroughly and repairing water leak..
Suppose that aggregate planned expenditure increases by $0.75 trillion for each $1 trillion increase in real GDP. Compare the shift of the AD curve with the $1 trillion increase in investment. Explain the magnitude of the shift of the AD curve.
This assumption implies that armed conflict can be a necessary prelude to a negotiated settlement of a newly arisen dispute. What about breakdown of existing agreements to settle territorial disputes peacefully.
When external costs are present
Faraday issued preferred stock with a $4.80 dividend per year. If you buy the stock for $60, what is your return?
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