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Case: The changing global environment will have a large impact on the social groups of 2042. Climate change, environmental degradation, and natural disasters will have caused many people to relocate and form new communities as they search for habitable areas. This will lead to different social groupings with vastly different experiences and backgrounds. Additionally, the increasing scarcity of resources due to climate change will lead to issues of inequality and may create new social groups based on access to resources.
Explain why climate change is going to have an effect on social groups of 2042 using intent citations and evidence.
The marginal revenue curve of a monopoly crosses its marginal cost curve at $30 per unit, and an output of 2 million units. The price that consumers are willing and able to pay for this output is $40 per unit.
A perfectly competitive industry has an inverse demand for its output given by p Q = ? 100 , and its supply function is given by MC Q = + 30 . The process of making Q also generates pollution, g, in the amount g Q = ? 0.5, and the total external cost..
The numbers of voters favoring A in the four samples can be regarded as four independent binomial random variables. Construct a likelihood ratio test of the hypothesis that the fractions of voters favoring candidate A are the same in all four ward..
Suppose that the CPI includes two goods, rice and bread which are substitutes. If the year after the base year the price of bread rises relative to the price of rice then
What is the least costly way for the firm to produce 80 units?
Having a GDP of $2375 obtained using the added value method, How much government revenue would a value added tax of 10% generate? How much revenue would a 10% sales tax on final output generate?
What would you suggest the university do to expand revenue? How would you tackle this problem based on what you have learned in this course?
What effect would each of the following have on aggregate demand or aggregate supply? Explain.
Describe the company's opportunities and risks in doing business globally. (You can expand into any issues they have faced or successes).
Every week the Federal Reserve announces how quickly the money supply grew in the week ending ten days previously. (There is a ten-day delay because it takes).
Hand washing has external health benefits, helping prevent the spread of communicable. How would it affect the number of people who are sick at any given time?
What is the marginal product of the third worker? What is the marginal revenue product of the fourth worker? What is the marginal cost of the sixth worker?
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