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1. After reading this case, should "pink slime" be banned as a hazardous food product or are the claims unfounded? Why
2. Besides a press conference, what other tools might BPI or other firms use to improve the public's opinion of their products?
Give a Share of GDP (percent), such that C=69.9, I=19.0,G=15.3, X-M= -4.5. If consumption in the changed to 43 while government expenditure and net exports remained constant, what would happen to investment as a share of GDP ?
When referring to the question of whether the experimental stimulus made some difference in the specific instance under investigation, one is referring to: When referring to the question as to what populations and settings can the observed effect be ..
The fact that the firms in an oligopoly are mutually interdependent means that each firm:
Explain why upward-sloping labor supply curves to firms cause the marginal expense of labor to exceed the wage rate? b) Why would labor-mobility costs create upward-sloping supply curves for firms?
Some economists argue that the Social Security retirement program reduces fertility. That is, couples have fewer children than they would have if there was no Social Security program, all other things equal. Why might a risk averse person want to hav..
Sometimes market activities (production, buying, and selling) have unintended positive or negative effects outside the market's scope. These are called externalities.
The Targeted Jobs Tax Credit (TJTC) existed from 1979 through 1994. It offered employers a tax credit for each “less-skilled” worker they employed. Assume that the tax credit was fixed at $5 per- hour-worked by a less-skilled worker.
A small open economy with a aborting exchange rate is in recession with balanced trade. If policymakers want to reach full employment while maintaining balanced trade, what combination of monetary and Oscar policy should they choose?
Suppose the inverse demand function is a Cournot duopoly is given by P = 140 -5 (Q1 + Q2) and their costs are zero. What is the total industry output?
Final Project Scenario You are an economist for the Vanda-Laye Corporation, which produces and distributes outdoor cooking supplies. The company has come under new ownership and management and will be undergoing changes in its product lines and opera..
Utility is given as: U(x, y) = x^1/2y^1/2. Graph a typical indifference curve for this function. (Hint: Choose a level of utility and draw various combinations of x, y that result in that level. What is the marginal rate of substitution (MRS) for thi..
Using a payoff matrix to determine the equilibrium outcome Suppose there are only two firms that sell smart phones: Flashfone and Pictech. The game between Flashfone and Pictech is not an example of the prisoners' dilemma.
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