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Question: One consequence of increases in business litigation over the past 20 years has been an increase in the percentage of lawyers who work as employees of firms rather than as independent practitioners. Explain why you might would have expected this increase in vertical integration to happen. The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.
Determine in which type of market the product is sold (perfect competition, monopoly, oligopoly, monopolistic competition).
Explain and show graphically how this market would be affected if there is an increase in the number of diary farmers that produce hormone free milk and at the same time south African consumers chose to be more healthy
Explain the five economic functions of contract law - explain the difference between moral hazard and adverse selection.
What two factors are important to making the principle of "compounding" work? What evidence indicates that corporate profits will rise?
Assuming the industry is perfectly competitive, calculate the domestic equilibrium price and output combination and Is the outcome in part B desirable from society's viewpoint
Earthquakes and GDP: Suppose the rural part of a country is hit by a major earthquake that destroys 10 percent of the country's housing stock.
Draw the probable 'production possibilities curve for an economy which produces 'Capital' goods and 'Consumer' goods. Assuming that the Economy is producing approximately twice the level of customer goods as opened to Capital goods, indentify this pr..
Although most of the changes would not take place until later, assume for the purpose of this problem that Social Security benefits were cut today by $100billion per year. explain what the long-run effects would be on real GDP
Phineas likes tea and licorice. He bdrinks two ounces of tea for each ounce of licorice he eats. Tea costs PT per ounce, while licorice costs PL per ounce. If T denotes Phineas' consumption of tea and L denotes his consumption of licorice, write down..
The question is relates to Economics, mainly macroeconomics and the question is clarify about conducive business environment, mainly for small businesses in the USA and Brazil.
What is the per-unit amount of both externalities? Discuss both government and private solutions that would result in an efficient outcome.
Assume G0 = 545 and write the reduced form of the model. Linearly approximate Y by expanding the reduced form around 3390.
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