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Demographic transition theory suggests that population growth reaches 'modern equilibrium' (~0% growth rate of population) in post industrial stage of economic development. What about population density? Will this problem also be solved in the post industrial economy?
What strategic initiatives did Howard Schultz put in place to re-create Starbucks' uniqueness after his return in 2008?
If oligopolists compete hard against each other.
A study is performed in a large southern town to determine whether the average weekly grocery bill per four-person family in the town is significantly different from the national average. Identify the null and alternative hypotheses for this situatio..
Which of the following is the name of the power connector that is larger than the connector used for floppy diskette drives and that is commonly used with PATA drives?
1. Why is consistency in design important? Provide specific reasons and examples to support your ideas. Why can too much consistency cause problems? Provide specific reasons and examples to support your ideas.
Describe in detail the mechanics of the Circular Flow model. Discuss how the government and international trade could be included in the circular flow.
Assume a factory is polluting the air in a town. Other than using a tax, the only efficient solution other is to assign property rights (e.g. the right to tax)
Given the following payoff matrix, (a) indicate the best strategy for each firm. (b) Why is the entry-deterrent threat by firm A to lower the price not credible to firm B? (c) What could firm A do to make its threat credible without building exces..
What has been happening to the euro/dollar exchange rate over the past six months? Why? (Give an analysis)
Illustrate what would be the size of the resulting deadweight loss relative to the competitive outcome.
Assuming that the price level is P = 1, find the equilibrium real output, interest rate, consumption, and investment. Organize your results in the following table. (Hint: You should solve both the goods market and the money market equilibrium.) Now a..
Your firm is one of 100 identical firms operating in the short run in a perfectly competitive market. Your total cost function (short run and long run) is C = 800 + 25 q + 0.5 q2, and your marginal cost function is MC = 25 + q. The (short run and lon..
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