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Questions:
1. Hook: How did the speaker establish a connection with the audience and get them to "buy into" the idea?
2. Explain the Problem and if any Solutions were mentioned.
3. Closing: How did the speaker reconnect with the audience and close with a passionate call to action.
4. Find at least one factor mentioned in the Ted Talk that affects demand and supply and explain, using the economic terminology of (quantity demanded, quantity supplied, change in demand, change in supply, etc} what is happening or going to happen to price and quantity.
What does this show about elasticity at the profit-maximizing price and quantity?
The continual liberalization of economic supplements appears to be advantageous, at least on the surface. What are some of the problems and/or issues with this liberalization trend
Discuss ways firms establish barriers to entry and explain how they benefit firms but not consumers. Give an example of a law or regulation that limits the ability of firms to establish barriers to entry and an example of a law or regulation that ..
the city council has approved the construction of a water park in your town. you know that the water park will increase
There are three agents A. B. C and two items X.Y in an assignment problem. The agents' values are given in the following table. What is the outcome of the ascending clock auction(formal version), assuming a sincere bidding behavior?
Explain the most important characteristic in perfect competition, monopolistic competition, oligopoly, and monopolies and relate the characteristic to how these firms can make profits in the short run. In your analysis, make sure to relate an exa..
1. Define both race and ethnicity. 2. Define both stereotypes and discrimination.
Explain how you or your leader handled the cultural or diversity differences. Determine how these differences could have been mitigated.
Suppose marginal cost and average cost are given by the following expressions: MC(x) = 3x^(1/2), AC(x) = 2x^(1/2). What is the value pf the long-run break-even.
What economic factors would affect a firm's desire to enter and exit a market? What are the market signals that would tell a firm that it is profitable.
Suppose that the learning effect coefficient in the production of wrist watches is -0.2. If the average cost of producing the first watch is $100, what will be the average cost of producing the 40th watch?
market power may produce a level of output greater than its profit maximizing level of output to gain market share and block entry of new firms. What challenges does the firm face to sustain this practice?
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