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Can you help me with the following question?
1. What are the four main categories of resources? Explain each of them.
2. (a) Explain what happens in the simple circular flow diagram? (b) What effect do price controls have on the market system?
3. (a) Explain what can we learn from a country's production possibilities curve? (b) How can a nation production possibilities curve shift inward? (c) Why the production possibilities cure is bowed-out in shape?
4. Will a nation tend to export or import goods for which it has comparative advantage? Explain.
5. How can we measure the opportunity cost of producing a good? Using a bowed outward production possibilities curve between ice cream and hammers, identify graphically the opportunity cost of obtaining an additional hammer.
Compare and contrast two different software development approaches (for example, the Waterfall Model versus the Spiral Model or the Object Oriented approach versus Design Patterns, etc)
An old, fully depreciated asset (defender) has O&M cost of $1,500 this year, and these will increase by $1,500 each year. The current salvage value of the asset is $4,500, and this is expected to decline by $750 each year.
Unemployment according to Marx could be classified as what type of unemployment?
Suppose that mid-east terrorists crashed a stolen corporate jet full of nerve gas into Disneyworld. Explain the likely effects of this event on the intrinsic value of S&P 500 stock index call options that had a strike price equal to the value of the ..
Suppose Bob owns a pizza place in a competitive market. If an additional worker will cost Bob $200 and offers marginal productivity of 40 pizzas, what is the marginal cost of producing a pizza? Show your work and explain your reasoning.
Elucidate how does a industry conclude its prices also the quantity of labor required in the resource marketplace during a specific period
The market demand curve is Q = 38 -P. There are two firms: firm1 and firm 2. One has MC=2 and the other has MC= 5. They choose outputs simultaneously (the cournot model).What output is chosen in equilibrium
Senior management at the LCB Watercraft (LCBW) company would like you to help pick the mix of products they should produce and sell – this involves determining the production quantities for each model. LCBW always has a contingent of 10 workers on ha..
If we had efficiency in the duopoly, what would the market quantity and price be? How does this compare to your answer?
Unions in the United States are at an all-time low and continuing to decline. Why? What has changed in our working and legal environment that has resulted in this situation?
illustrate what steps would you as an auditor take to assure you have minimized the potential for audit risk making a positive evaluation of the firm's financial status when it is in fact negative.
Consider Bertrand competition but with differentiated products. The products are Mishka’s coffee and Temple coffee. The demand for Mishka’s coffee is given by qM = 12 − 2pM + pT where pM is the own price of coffee and pT is Temple’s price of coffee.
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