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I just want a one page answer to this discussion question.
How does Mexico's GDP per person compare to that of the United States? Discuss the different approaches economists can use to make this calculation.
Scientists reveal that consumption of oranges decreases the risk of diabetes, and at the same time, farmers use a new fertilizer that makes orange trees more productive. Illustrate and explain what effect these changes have on the equilibrium price a..
what is a situation in which this might happen in a business? i dont want a numerical solution. rather i want to know
when trying to assess differences in her customers claire - the owner of claires rose boutique - noticed a difference
Often it is claimed that banks create money by making loans. How can commercial banks create money? Is the government the only institution that can legally create money?
A firm has a long-run cost function C1(y) = y^3 - 10y^2 + 30y. 1) Derive the firm's long-run average cost function 2) Derive the firm's long-run marginal cost function 3) Find the level of production with the lowest average cost 4) What is..
What is the Fed Funds rate and what happened to the Fed Funds rate in the days following the collapse of Bear Stearns and then of Lehman Brothers?
Oligopoly problem - Let the profit and cost functions be p(yT) = 60 - yT, Each firms cost functions equal the square of its output.
Can the U.S. ever come out ahead from this quota? Why or why not? Can the ROW ever come out ahead? Why or why not?
As we all know, at current it is illegal for parents who want to adopt a child to pay the birth mother for, or to offer to pay for, the babies they adopt.
A firm is currently producing in the elastic portion of its demand curve. What course of action do you recommend for it assuming it wants to raise revenue.
You are the lead economic advisor for the United States and asked how to best stay on the path toward long run economic growth.
Maritime Insurance Company offers insurance policies for recreational boats. A typical policy will pay the replacement cost of $25, 000 if the boat is a total loss. If the boat is not a total loss but the damage is more than $10,000, the policy pa..
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