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Is there a relationship between foreign direct investment and comparative advantage? What is it and Why would that be so?
What is the cost minimization condition? What is the slope of an isocost? What happens if the price of an input changes?
Do you believe the rise of globalization has caused the outsourcing of manufacturing jobs within the United States, or is this a natural progression due to the technological era we are in?
How sensitive is the recommended decision to the weight placed on the EAC? Vary the weight from 0 to 10, and identify the recommended site for each weight.
Describe the different aspects of the business that you should be looking at from an economics perspective in order to run the company efficiently and explain using economics theory how you would improve the running of your company.
Suppose that sellers value a good car at $10,500 and a bad car at $5,500, and quality is not observed by the buyers. What is the highest price that risk-neutral buyers will offer for a used car if they ignore adverse selection when 60% of the cars ar..
Which of the following is the most fundamental assumption in economics?
In all of our previous discussions about compensation levels, we never discussed the possibility that employees were paid too much. What is different about paying CEO’s that makes overpayment a possibility? Consider the two models of CEO pay: skimmin..
Luke has $16 to spend on his lunch at his school cafeteria every week. A slice of pizza (P) costs $2 and a submarine sandwich (S) costs $4. Luke likes an average more than extremes. Draw an indifference curve diagram (place pizza on the horizontal ax..
"The opportunity cost of attending college is equal to the total of tuition, books, supplies, and other direct education spending."
In January 1991 the Consumer price index (CPI) was 134.6. In October 2015 (the November CPI is not yet available, so use the October CPI for this problem) the CPI was 237.8. Using January 1991 as the base period, what was the real (inflation-adjusted..
The greater the elasticity of the LM curve, the greater will be the effectiveness of fiscal policy. The more interest elastic the investment demand function, the more effective monetary policy will be. The more interest elastic the investment demand ..
Economist A and Economist B get together to discuss the implications of a new government policy that will move a military base from State X to State Y to reduce its operating costs. What are your thoughts about such a policy?
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