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For an airplane that is about to take off with empty seats, the marginal cost of an extra passenger is very low; the total cost of the trip is not significantly increased by the addition of an extra passenger. How should this affect the pricing decisions of an airline?
State two ways the labor supply curve shifts to the right. Explain how each way impacts the equilibrium wage, equilibrium full employment, total output, productivity, and standard of living in the economy?
Has globalization led to a reduction in the role or relative size of the state sector in the economy?
The ACA provides more inexpensive health insurance policies (Healthcare.gov). If you are healthy and currently insured by the other plans.
Should the Fed change some of its current monetary policy targets such as the 2 percent inflation target?
What factors would you consider if you want to open a business in foreign land (not USA)?
Suppose there is a new tax on data usage. The cum-tax monthly bill increases by 15%. If the price elasticity of demand is -0.45, how much does the quantity demanded change?
Discuss and share the trade policies that best serve your self-interests, and those that best serve the social interest. Please include the concepts and arguments pertaining to free trade versus trade protections as explained in the textbook when sha..
Compute the certainty equivalent of his bet. Calculate the Arrow-Pratt measure of absolute and relative risk aversion.
Find two (2) examples of businesses in your local community that attempt to disclaim liability for damage to or loss of bailed property. Provide your reasoned opinion as to whether, in any or all of the examples you have discovered, the businesses h..
Medicare beneficiaries started to receive outpatient prescription drug benefits beginning in 2006, with the implementation of Medicare Part D. As a result, Medicare’s share of national prescription drug spending increased. Explain how the pharmaceuti..
Is there a statistically significant difference between fourth grade boys and girls in their overall attitudes toward physical education?
A city has developed a plan to provide for future municipal water needs. The plan proposes an aqueduct that passes through 500 feet of tunnel in a nearby
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