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Assume that there are two economies which have identical tastes and technologies as well as the same factor endowments. In such circumstances, how trade and gains from trade occurs?
Explain how economics does apply to this issue by developing a "model" of an individuals choices.
select an article in a newspaper or magazine that discusses a government policy on goods or services. analyze the
Illustrate what recommendations do you have for Speedy to offset the impact of their increasing costs. What recommendations do you have for Speedy to increase their total revenues.
1. Give an example of the use of physical separation for security in a computing environment. 2. Give an example of an object whose security level may change during execution.
Why is China successful in exporting electronic goods? Compare private foreign investment with government investment in a hotel as alternative development strategies.
Two people are engaged in a joint project. If each person I puts in the effort xi, a nonnegative number equal to at most 1, which costs her c(xi), the outcome of the project is worth f(x1, x2). The worth of the project is split equally between the t..
Should provide the theoretical background for analysis of issues in this assignment - What evidence do these graphs provide concerning the lingering perception of a recession?
When do firms A and B exit in the unique subgame perfect equilibrium? (Hint: First establish at what time t profits turn negative as a function of the remaining firms, and then argue with generalized backward induction)
1. To illustrate the problem of unsustainable investment, Woods cites the example from Mises of the bridge builder that runs out of material before reaching the other side of a river.
A political campaign manager must decide whether to emphasize television advertisements or letters to potential voters (mail outs) to potential voters in an election campaign. Describe the "production function" for campaign votes.
Explain how if at all would your answer change if you know that ABC's technology had decreasing returns to scale. Explain.
Jamal (now age 54) lost his job as a ship builder in 1995. His plant never reopened, and he has very specialized skills that are no longer in demand. Jamal's unemployment is best classified as:
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