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Q. Explain why do you suppose that employees pay for general training and the employer pay for specific training with respect to the basic competitive model?
Q. Assume that Mr. Greengenes, a farmer and genetic engineer, develops a new method for growing corn that decreases the cost of growing corn by $300 per acre. Greengeness landlord rejoices, saying, According to the leftover principle, you will pay me $300 more in rent. Is the landlord correct?
Elucidate how much the last input added to the total amount of revenue. Elucidate how much the last input added to the total amount of production.
BUS499(2011A) Final Exam: - Critically argue whether GDP is a good measure of economic well-being. You are required bring examples and academic references to support your answer.
If you match up pairs of buyers and sellers so as to maximize the total surplus of all transactions, what is the largest total surplus that can be achieved.
elucidate why not and propose a mechanism that might solve your dilemma.
If David also Ellen live in rent-controlled apartments, illustrate what is the equilibrium cost for the non-rent-controlled apartments.
Elucidate the value of a trucker's life disguised by compensating discrepancy among the two firms.
Maritime Insurance Company offers insurance policies for recreational boats.
Will these monopolies typically earn economic profits. Why do not other airlines enter these monopoly routes.
James earned $10,000 in income in his new job in Nova Scotia after the move and his employer paid him $1,000 specifically to cover the cost of the move, but doesn't specify what it can be used for.
If the quantity of output demanded at every price level increases by $1 trillion, Illustrate what happens to equilibrium output also prices.
Elucidate why might an economist be skeptical of Billy's discrimination complaint. Billy works for the local piano-moving company part-time after school.
Illustrate what is the impact of this sale on GDP for 2002. Assume no realtor is involved in the sale.
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