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Q. Watch the video titled "Fear the Boom and Bust". Using the tools of macroeconomics, identify the primary difference between the two philosophies. Choose a position and discuss the application of that position on today's current environment. Be sure to tell me what you would do, using the tools of economics, to stabilize this economy and move it to recovery.
Supply Curve and the Average Total cost
The long run ATC is like thisC= 30 - .01Q for Q <2 500C= 5 for Q>= 2500
Demand curve = 50-0.001Q
Draw the long-run supply curve (assume that cost of input does not increase as output increases).
Select the most serious disadvantage of globalization (in your opinion) and make at least one recommendation
Explain the role culture may play in influencing entrepreneurship both at the individual and social level. Define culture in your response.
Do protectionist policies benefit producers, consumers, workers, or the government
Government encourage a decision to expand? How would it affect the reputation of the business?
Hero Nakamura is CEO of the Cola King Bottling Company a small regional producer operating in the Pacific Northwest. Nakamura is considering two alternative expansion proposals
A machine used to cereal boxes dispenses, on the average, ounces per box. What is the largest value.
Determine the quantity demanded, the quantity supplied, and the magnitude
Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.
Suppose that the demand for healthcare services is perfectly inelastic while the supply curve is upward sloping. Analyze the impact.
there is an incumbent monopoly in a market. A potential entrant may enter. Draw the game tree describing the situation?
A business cycle fact is that real wages are pro-cyclical. Using the classical labour market as we have all semester, show and explain how the classical economists explained this business cycle fact.
Find the equilibrium price and quantity after the shift of the demand curve.
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