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Q. Suppose that you are heading of a government agency that oversees re-training programs for unemployed. a. Discuss where service that your agency delivers is a public or private good. Are re externalities? b. Will market of demand and supply for labour with no government interference lead to an efficient outcome? Will your program affect it? Why or why not? c. How well do you think a voluntary contribution scheme [paid for by companies] would work in funding your program?
At present, the original manufacturer is deciding either they should continue production of toy truck.
Suppose that an increase in consumer confidence raises consumer expectations of future incomes and thus amount y want to consume today this might be interpreted as an upward shift in production function how does this shift affect investment and r..
Describe why this does not represent a violation of the law of demand. Which of the subsequent best explains illustrate what a forward contract.
Both antritrust policy and industrial regulation deal with monopoly. Illustrate what distinguishes the two approaches. how does government decide to use one form of remedy rather than the other.
Hair Grow Co. has a demand curve of P=101-.00002Q Marginal cost for producing Hair Grow pill is $1. Illustrate what is the profit-maximizing price and quantity. What is the profit.
What percentage of the total variation in the number of calls is explained by the regression model.
Elucidate the cost of producing an additional washing machine when 50 cars are being produced. when 150 cars are being produced.
Under the first plan he pays $0.25 per minute of connect time. Under the second plan, he pays a lump sum of $30 per month and only $0.10 per minute of connect time. Determine David's optimal consumption bundle and his choice between the two plans.
Illustrate what happens when a consumer decides to save and reduce thier spending of consumer goods. Does this affect the supply of money, demand of money or the intrest rate.
The company's settlement obligations are expected to raise its average total cost per pack by about $60. Illustrate what effect will this have on its optimal price.
Do economic events affect presidential elections. to test this so -called political business cycle theory. Elucidate what is the expected sign of X.
With increased access to wireless technology and lighter weight, the demand for laptop computers has increased substantially. Laptops have also become easier and cheaper to produce as new technology has come online. Despite the shift of demand, pr..
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