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Assume that the government of the state of New Jersey has determined that a large number of injuries and deaths have occurred as a result of accidents involving the installation and repairs of electrical equipment at private residences. In reaction to this problem the state assembly decides to pass a law which requires that all certified electricians pass a tougher state licensing examination. Analyze the impact that this law is likely to have on the market for electricians and explain why safety may not necessarily improve.
It is important to note that where an offer specifies a particular mode of acceptance, only an acceptance communicated via that method will be valid?
Ruby has purchased a new home that needs repair. She has gained approval for a home improvement line-of-credit for $100,000 that she will use, along with her personal earnings, to fix up the house over three years. Interest on line-of-credit loans..
Provide an example of a method to hedge with energy futures. Explain why this is fiscally prudent. Use one reference when answering.
A. Calculate the total revenue at each price level. B. Calculate the price elasticity of demand between these two points. C. Is this demand elastic or inelastic? Explain how you know this.
Identify some of the costs (pecuniary and nonpecuniary) associated with the antitrust behavior (firms having power in the market). Additionally, note the specific antitrust act (Sherman Act, Clayton Act, etc.) under which the violation was investigat..
The socio-economic shortcomings that China experienced
In 1974, one could buy a theater ticket for $1.25. Today, the same theater ticket costs $6.50. Which pair of CPI's would imply that the cost in today's dollars was the same for both tickets? a. 60 in 1964 and 390 today. b. 75 in 1964 and 390 today. c..
Most nation are interdependent where trade is concern. We all depend on each other. Should America aim to be self sufficient in the production of goods and services, rather than depending on other countries for trade.
Please use the Internet to find more information about the EAP weak protocols and discuss the main security vulnerabilities that make each protocol not appropriate for a wireless environment.
a. consider a competitive market supple and demand model. if there are no externalities explain why economists describe
Over the past 3-years, as the result of reducing values for digital cameras, the price of developing traditional 35mm film has increased 5 percent yearly.
Edgemont Company had revenues of $230,000 and expenses, including income taxes, of $190,000. On December 31, 2005 Edgemont had assets of $350,000,
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