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Explain whether parentheses or dashes are preferred as higher order punctuation in the underlined part of the following sentence:
The kinetic energy of a bicycle traveling at 25 km/h is 3600 joules equivalent to 1000 mWh if it can be harvested at 100% efficiency.
Cap-and trade as an economic tool for controlling environmental pollution only works if the regulating agency has specific information about the environment. What must be known for cap-and-trade work?
Consider again the case analyzed in class with two sectors exhibiting constant returns to scale technology (sector A is capital intensive and sector T is labor intensive). Suppose there is a neutral technological change in sector T only (no technolog..
In a competitive market, the quantity of a product produced and the price of the product are determined by A. sellers. B. buyers. C. both buyers and sellers. D. None of the above is correct.
Referring to text Chap 3 “ Product Innovation Charter”, explain what are the benefits of this up front charter document early on during the product development process ?? Also, explain your personal experience of the benefits you experienced from dev..
An increase in the price of a good causes a:
Globalisation of the world economy has significantly improved our living standards. However, there are growing concerns, particularly in developed countries like Australia, that increased globalisation and outsourcing has significantly undermined the..
Critically and briefly discuss the existing economic systems of the United States and its distinctive features from the economic systems of the United Kingdom.
q1. scour the national news media many good sources are available online for a juicy story in which material is at the
Imagine that there are 1,000 consumers. For each consumer, the willingness to pay for a widget is distributed uniformly over the interval [0,1] depending on the style of the widget. A retailer with a particular study of the good knows this distributi..
In perfect competition, according to theory, all suppliers or consumers are price takers. In practice firms like Purdue farms or jimmy dean bring a higher price than other brands. why doesn't economic theory apply to these organizaton? How are these ..
Let market demand in the trinkets industry be given by Q(P) = 55−P. There are only two firms in the industry, and the total cost function for each firm be given by C(qi) = 10 + 25q, where i = 1, 2. Write down the profit maximization problem of each f..
How economists are both scientists and policymakers and what principles society uses to allocate its scarce resources and Using the circular flow model, explain the flow of money and goods in an economy
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