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Discussing economic thinking and behavior.
Economies around the world are becoming increasingly globalized. How does this globalization affect the choices you face in your economic decisions?
Do the effects change if you think of yourself as a consumer or as a producer?
Use the economic principles from this module to discuss whether consumers and producers are hurt or helped by this globalization?
what is the opportunity cost of investing in capital do you think a country can overinvest in capital what is the opportunity cost of investing in human capital do you think a country can overinvest in human capital
A consumer's utility function is given by U(X,Y)=X*Y. The customer has $576 to spend. Px=16 & Py=4. How much total utility does the consumer receive? How much X & Y should the consumer purchase to maximize her utility?
In a separate group discussion board, present two arguments. The first should argue in favor of the proposed merger, from the perspective of the firms. The second agrues against the proposed merger from the perspective of the broader public intere..
the owner of a restaurant is considering lowering menu prices to draw in more customers. he is debating between
In the May 1 issue of the Wall Street Journal an article notes that private pay rose in the United States at the fastest pace in the first quarter of 2015 since 2008. Wages are expected to increase more during 2015 even while inflation remains..
Identify and describe a business crisis situation and the main leaders involved. It could be one that you have experienced or have read about. Be sure to include a discussion of ethical implications.
The Wall Street Journal discusses a trend among some large US Corporation to base the compensation of outside members of their boards of directors partly on the performance of the corporation.
Compute the inflation rate for each year 1993 - 2012 and determine which were years of inflation.
An individual's annual income is $100,000. The person is considering opening their own business. Expected revenues for the business, if they open it, are 2 million the first year.
suppose that omars marginal utility for cup of coffee is constant at 2.5 utils per cup no matter how many cup he
A mine is for sale for $450,000. It is believed the mine will produce a profit of $100,000 the first year, but the profit will decline $5000 a year after that, eventually reaching zero, whereupon the mine will be worthless. What rate of return would ..
Calculate the consumer surplus that exists in market and calculate the producer surplus in this market. Does the producer surplus differ from firm profits? If so, why? If not, why not?
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