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Q. Writing Assignment #1 You may choose either topic. Please type a 2-3 page response and email it to me by Friday at midnight.
A) Pick a policy issue which illustrates bootleggers and Baptists story. Who is who? What enables persistence of relationship? You may find this podcast helpful in understanding concepts and providing examples.
B) Reviewing Hayek's Use of Knowledge in Society: What is role of prices in a market economy? How might a price control in market for gasoline impact or markets? What gets lost?
Decide to conduct a SWOT analysis to evaluate the value and risks. Provide a SWOT analysis and briefly discuss each factor.
Illustrate what are the limitation of the equilibrium level of national income determined in Keynesian cross model.
there was a month were employment and the unemployment rate rose. Suppose the computations were correct, explain how is it possible for both to have increased.
As an industry moves from being a monopoly to a monopolistically competitive one. Illustrate what happens to elasticity of demand curve facing industry.
Can the researcher say with a 0.05 level of significance that the proportion of children not completing primary school is more than 1%.
Assuming the basic fixed-order quantity inventory model fits this situation and no safety stock is needed, which of the following is the reorder point (R).
a company that recently spent $10,000 to develop a statistical software package.
Identify economic forecasts for real GDP, the unemployment rate, the inflation rate, and a key interest rate. What do your forecasts imply about the relative strength of the economy over the next two years.
Illustrate we know about the effects of mandatory seat belt laws, which of the following groups would be most likely to mount a campaign to repeal those laws.
Describe a skimming price and a penetration price, and advise them whether they should charge a skimming price or a penetration price, with supportive reasoning for and against each pricing alternative.
Compute the upper and lower limits within which marginal cost may vary without affecting the profit maximizing output or the price.
Substantive responses use theory, research, and experience or examples to support ideas and further the class knowledge on the discussion topic.
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