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Question: Do you think payday loan businesses should be allowed to operate? If you were the deciding vote in your city council to allow or ban these services in your city, how would you vote and why? Think like an economist, the word "greed" should not factor into the discussion. Write it in at least one hundred and fifty words.
Last week, jorge purchased a $45 ticket to a soccer game scheduled for this Thursday. If he attends the game, he'll miss three hours of work, where he's paid $15per hour. While he can't return the ticket, he can resell it online for $30. Attending th..
Students will develop cost curves on which firm behavior is based and will utilize these cost curves to determine the behavior
Find the probability that the percentage of successes is less than 0.36. The probability is?
Mediterranean shipping company (MSC) -provide and detail the specific routes the carriers work on, do they provide main line routes
In 1997, a total of 14,964,000 taxpayers in the United States filed their individual tax returns electronically. By the year 2009, the number increased to 55,550,000. What is the geometric mean annual increase for the period?
The Consumer Price Index is: Ethnocentric staffing appeals to companies that want to maintain tight control over decision making in branch offices abroad. Ethnocentric staffing formulates policies designed to work in every county in which they operat..
Suppose that the market demand function for ice cream (IC) is given by QdIC= 12000-2000PIC and the market supply function for ice cream is given by QsIC= 2000
The Shockers Company is considering making a bid to buy Pacific Gulf Petroleum (PGP) Company. PGP has several oil wells producing 200,000 barrels per month. It is expected that the oil production will increase 2% per month for the next 3 years.
How does capital (physical) investment affect the marginal physical product of labor? Does more college education, which is part of human capital
Wal-Mart charges $20 for the new Ghostbusters DVD and sells 400 copies per month. Then they reduce their price to $18, and sell 500 per month. Assuming a linear demand curve, find the optimal price to charge if the goal is to maximize revenue.
A firm pays a wage of $40 per hour to 25 unskilled workers, $60 to semi-skilled workers, and $80 to 10 skilled workers. Find the weighted average wage paid by the firm.
Consider the following Cobb- Douglas production for red bean coffee. q=(l^0.2)*(k^0.5). intutively, why are cobb-douglas production function more appropriate representations of reality than, say, linear production functions?
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