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In your opinion how should states select their judges?
Write one equation or one graph for each. What policies could the government pursue to address each factor? Should the government do so?
In the market for medications, there is a difference in demand for medications that are under patent, medications that have a strong name brand, and medications that are generics.
Illustrate why are companies using more technology input while reducing labor input. Why are the Average Cost Curves U-shaped.
A boiler is being considered for a new process plant. The boiler can be fired either by natural gas, fuel oil, or coal. A decision must be made on which fuel to use. An analysis of the costs shows that the installed cost, with all controls, would be ..
What is the erosion cost from the new? bike? Should Fat Tire start producing the? off-road bike?
Why do points on a utility possibility curve represent efficient allocations of resources? Why must the utility possibility curve be downward sloping.
Surveys indicate that Americans are becoming more and more dependent on over the counter medications such as Advil. For each of the following two scenarios, illustrate and describe the effect on both the demand and supply curves and on equilibrium pr..
If an economist refers to a ‘lemons market,' what should you infer. A. She is referring to a market for fruit. B. She is referring to any market with asymmetric or hidden information.
What is her average $'s per hour for this week? (please round your answer to 1 decimal place)
Suppose a major US manufacturer is for casting demand for its products during the next year. How will the forecast affected each of the following?
The government raises the minimum wage by 30%. Using the four Hicks-Marshall rules of derived demand as they apply to a particular industry (for example, you could pick the fast food industry), analyze the conditions under which job loss among teenag..
Suppose that a car stalls on the railroad tracks because its carburetor is badly maintained. A train collides with the car because the train’s brakes are badly maintained. What is the proximate cause of the accident? Who had the “last clear chance” t..
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