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Text Book: Ritzer, George and Dean Paul. 2019. Globalization: The Essentials, 2nd Edition, Wiley-Blackwell.
Chapter 1. Globalization: Conceptualization, Origins, and History
1. Examine the dual role of structures as barriers to and facilitators of global flows. Are subtler structural barriers more effective than material barriers? (600 words)
2. How are metaphors useful for understanding global processes? (600 words)
Can you explain why deadweight loss not allocation of Pareto efficient?
Suppose that with 400 patients per year, the SAFC, SATC, and SMC of the operating a physician clinic are $10, $35, and $30 per patient, respectively. Furthermore, suppose the physician decides to increase the annual patient load by one more patie..
In a bilateral monopoly, like that of a players' union and major sports league, what factor determines the final price and quantity of labor? Why?
1. How was Georg Hegel's philosophy influenced by the ideas of Immanuel Kant?
You just started a new organic frozen hamburger company distributed throughout the southern United States. Soon, your market share grows to 70% of sales of all frozen hamburgers in the southern United States. Do you have any legal problems? What is t..
Should the U.S. work on achieving the Millennium Aid goal for contributions to increase the U.S. contribution to its GDP or help countries that are starving?
(L,K)=K1/2L1/2 Also, in the short-run capital is fixed at K=16. You also know that the wage rate for workers is w=10, the price of capital r=20 and that the price for the product is P=100. How many units of Labor should this firm hire in order to max..
The optimal amount of insurance purchased determines the optimal consumption level in each "state" as indicated before, and we have standard Walrasian demand fu
Why might the labor supply curve be backward bending? Show graphically considering the income and substitution effect with increasing wages. Why might the possibility of a backward bending labor supply curve influence the effectiveness of a tax chang..
What is the probability that a student picked at random takes precautions against skin cancer (by wearing sunscreen, sunglasses and a hat).
Suppose an ad-valorem sales tax of v is levied on the producers. Find the effect of the ad-valorem tax on the equilibrium price.
Suppose the hotel in the lecture example raised its price from $30 to $30.50. With the new price, the hotel expects 96 guests to arrive 5% of the time, 97 guests 10% of the time, 98 guests 20% of the time, 99 guests 30% of the time, 100 guests 25% of..
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