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To improve national welfare, a large country would do better to implement an export subsidy rather than an import tariff. Is this true or false? Explain why.
The probability of A is 0.30, the probability of B is 0.70, and the probability of either is 0.90.
Explain why exchange rate quotations stated in different financial centers tend to be consistent with one another.
A monopolistically competitive firm faces the following demand curve for its product: The firm has total fixed costs of $20 and a constant marginal cost of $5 per unit.
Consider two countries Frugalia and Prodigalia (we can call F and P). In both countries the production function is Cobb-Douglas: Y=A*(K^0.5)*(N^0.5). The population growth rate is 0.2, physical capital depreciates at the rate of 0.3, and A = 10. In F..
Your pharmacy provides services to Medicare and PPO patients. You estimate a price elasticity of demand of -2.2 for Medicare patients and -5.3 for PPO patients. Your marginal and average cost for dispensing a prescription is $2. What is the profit-ma..
How does oligopoly and game theory potentially affect business?
What are the similarities between islam and hinduism religion?
You now have $10000 toward the Tundra and can save $850 per month. At what monthly interest rate can you save enough to buy the Toyota in 24 months?
Why are coal miners in China paid higher than factory workers even though they have received more or less the same level of education and training? Why are workers with good looks paid higher in some jobs, but not in others?
The software will be the new online student advising system web application running in MS IIS (web server). What about Data, Procedure and People?
Suppose that consumers see haircuts as an undifferentiated good and that there are hundreds of barbershops in the market. The current market equilibrium price of a haircut is $15.00. Bob's Barbershop has a daily short run total cost of .5q^2.
You are on a business trip from Portugal to the United States for 90 days, and you have a per diem expense account of euro 400 per day, no receipts required. This per diem is advanced to you before the trip (euro 36,000). What ethical dilemma might t..
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