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Question - In an attempt to decrease the environmental footprint of the food industry, the city of Durango gives every person in Durango a $100 gift card to use at any local restaurant. How does this impact the market for chain/fast food restaurants in Durango?
Compare a $40,000 median family income in 1980 to the same income in 1990, 2000, and 2010. What are the differences in the available products? What are the differences in the quality of those products?
assume that the companys is considering a merger. the possible merger currently faces some threats and that the
Define economic profit. Explain how economic profit is different than accounting profit. Why is it important for economists to measure economic profit rather.
Assume that you can spend a budget of $18.50 on two products, Apples and Bananas. What is the MRS at the optimal consumption bundle
you are a manager of a large rehabilitation center that provides short-term care rehabilitation services on an
Based on the above, whichplayer do you think had a better year in 1993, and why do you predict that? Youshould ignore other factors outside of the above information (e.g., thepossibility that one player was injured during the 1993 season and therefor..
Two countries, Sportsland and Foodland, have similar total quantities of labor, capital, and natural resources. Both can produce two goods, figs and footballs. Sportsland’s resources are particularly well suited to the production
A corporation purchased a machine for $60,000 five years ago. It had an estimated life of 10 years and an estimated salvage value of $9,000. The current book value of this machine is $12,500. If the current market value is $30,000 and the effective i..
Explain why the result would be cleaner air and an increase in economic efficiency.
1.2) Mechanics usually have better information about how to fix automobiles than their customers. A.) What sorts of problems does this advantage create? B.) Do mechanics or their customers do anything to limit these problems?
Suppose that you are the general manager at a plant that will be closing in one year. It is a small plant, and so is not subject to the Worker Adjustment and Retraining Notification Act (WARN). Must you give your employees advance notice of the closi..
a television show called extreme couponning features people who go to extreme lengths to collect and use discount
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