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Questions:
a. Using the ideas we learned in the "neoclassical model" what would be the best thing to send to an area that has been devastated by a flood or other similar tragedy? Why?
Neoclassical Model - supply and demands are the driving forces behind production, pricing, and consumption of goods and services.
b. Considering that the world is always characterized by positive transaction costs, why do we seldom send the good you just mentioned to victims of natural disasters? What do we tend to send instead and why?
c. How might these ideas relate to foreign aid?
Suppose a second-hand car dealer supplying good-quality cars offers a warranty for parts but not for service. Would that be sufficient to signal quality?
Victoria is choosing between a standard Honda Civic for $17,350 or a hybrid Civic for $20,875. She calculates her annual cost of ownership including payments.
3.? Is it possible for a low nominal tariff rate to understate the effective rate of protection? What is tariff escalation?
Provide a reference list at the end of your case study of at least 10 CTU Library articles and include in-text citations for the articles in APA format.
Discuss: 1. the main issue(s) in the case (don't just reiterate the facts; instead consider what point of law needs to be decided).
Conduct your own research on transnational collective bargaining. What are the pros and cons of Free Trade Agreements from the viewpoint of the Employer?
Consider the roles of internal and external stakeholders and consider one of the following projects:
The minimum acceptable price for a product that producer Sam is willing to receive is $15. It is $12 for producer Sue. The market price they could get for the product is $18. What is the amount of the producer surplus for Sam and Sue combined
QRS Company pays its executives a higher annual fixed base pay than TUV Company, but TUV makes a higher amount of its executives' compensation dependent.
Write an evaluative report giving recommendations for action to improve the business economic processes in an organization OR country of your choice.
What is the equilibrium Price and Quantity in the market and now suppose the government imposes a special tax on these computers. Describe what would happen in this market in terms of the supply and demand curve.
write a 1050- to 1400 word paper that discusses basic concepts in applied economics in the context of the simulation.
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