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Alternative fuel options
Should the government subsidize alternative fuel options given all you have learned about expectations and growth? Give special thought to the following two statements: 1) Can technology create a new future and 2) what incentives are needed for business to adopt new technology? Defend your position using economic principles consistent with the ideals and workings of a market based economy.
Critically analyze also elucidate real-life economic problems also opportunities by applying economic concepts, principles, and theory.
Explain why is it wiser for the government to put a sales tax on a good that is demand inelastic than on one that is demand elastic.
Business AB create Keyboards for laptop computers for sales to computer manufacturers (OEMs). Account information shows the total cost of producing four potential quantities of keyboard:
Illustrate what is the practice by a monopolist of charging each buyer the highest price.
The largo publishing house uses 400 printers and 200 printing presses to produce books. A printer's wage rate is $20, and the price of the printing press is $5,000.
What could a president or other government policymaker do to raise a contry's standard of living.
It cannot be as the inflation by definition real wages have factored inflation in.
Describe arbitrage and the law of one price. What role do they play in a market-based system. What do we call the 'one price' of an asset.
Suppose the emarginal cost of producing the good in before question is aconstant $ 10 per unit of output . What quantity of output will the firm produce.
Most of the critics argue that America has too many elections, a surplus of elected officials, and unwieldy layers of government.
By how much and in which city is the hotel room cheaper.
Elucidate the value of Peets coffee both current and future valuation.
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