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Respond to the following questions and, if appropriate, include your personal experience or observations as part of your answer: Many U.S. firms have outsourced their production and service to other countries. In fact, most iPhones are other smartphones are made not in the U.S. but in China. Many politicians, notably President Trump, and commentators argue that the government should protect domestic jobs in this country by penalizing the practice of outsourcing jobs to other countries. How are you affected by this practice? Are you hurt by outsourcing as a consumer and as an ordinary resident in the U.S.
Draw en Edgeworth box and illustrate. Initial endowement allocation, an indifferens curve for each consumer and the contract curve.
Describe how externalities may prevent market equilibrium and the various governments policies used to remedy inefficiencies in markets caused by externalities.
Murphy Morsels just bought a new chocolate-chip making machine for $25,000. What is the monthly payment
There are two very different target markets and sales forces discussed in the videos. Explain the value of developing a sales force based on the target market. Use examples from each video to support your response
Define the project goals in the context of change management. Propose an action plan for creating change. Establish how progress will be measured.
From the e-Activity, discuss how the factors you uncovered related to aggregate supply will likely impact the company in the next 6 to 12 months. Provide examples to support your response.
Calculate the quota's redistributive effect
a) Suppose P = 100 – q, Cost = 20q, and the resource constraint is Q = 80. Find the optimal allocation over two periods. What is the value of the resource? Suppose I impose a tax of 10$ per unit extracted. What happens to the allocation in (a)
Home's currency is the peso and trades at 1 peso per dollar. Home has external assets of $200 billion, all of which are denominated in dollars. It has external liabilities of $400 billion, 75% of which are denominated in dollars.
Explain in words why an English auction is equivalent to a second-price, sealed-bid auction in terms of bidding strategies and explain in words why a Dutch auction is equivalent to a first-price, sealed bid auction in terms of bidding strategies.
Consider again the two countries in the previous question. Suppose the U.S. and Mexico do not trade goods at all, but workers can move freely between them. Will free movement of labor have a similar effect on real wages as free trade of goods? Explai..
In the aftermath of September 11 terrorist attacks, the quantity of sold airline tickets in 2002 fell by a large percentage when compared to 2001. During the same time period the average price for airling tickets also fell.
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