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Assignment:
1. Using a production possibilities frontier, indifference curves, and relative price lines, show how trade improves the well-being of an importing country.
2. Using a production possibilities frontier, indifference curves, and relative price lines, show how trade improves the well-being of an exporting country.
3. What is the relationship between wages and the marginal product of labour?
4. Explain how immigration is likely to affect wages and the marginal product of capital?
Using regression analysis, find an equation that best fits the data to represent the TVC function and at what sales/output level will marginal costs (MC) reach a minimum?
1. dene gross national expenditure in words and state it in equation form.2. dene the trade balance in words and state
Discuss the relevant prices and quantities for the current market situation and identify what you believe is the equilibrium price and quantity.
The idea that transactions in a market place work like an invisible hand is to some extent the idea that when a person chooses to buy an item at a given price.
How could the central bank achieve this goal in the short run? Explain what would happen in the long run? Illustrate with a diagram.
Identify one customer service channel that people are willing to use to resolve problems and one channel that they are not willing to use. Provide an explanation for your choices
Assume there are only two assets in a portfolio. If this portfolio has a positive weight for each asset, can its (portfolio.s) variance be greater than the variance of returns on the asset in the portfolio that has the higher variance of the two? ..
Assignment: Game Theory Find all pure strategy Nash equilibria - For each player, find the best response to (each) mixed strategy of the opponent and find all mixed strategy Nash equilibria.
Economic Shock - Research the economic affects of natural disasters. You can research the economic affects of large localized events or the more general.
Jimmy has $100 and he decides to spend all of his money on buying shirts and shoes.
Which of the following commodities have been most directly influenced by government encouragement to include ethanol in gasoline?
People are likely to save the most during what part of the life cycle, according to the life-cycle hypothesis? Planned investment spending depends on all of the following EXCEPT:
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