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Are we able to make an inference about competitiveness of an industry from profitability? Or would we need more data to see the competitive level of an industry? Also, would the rate of return earned on capital be enough to infer the competitiveness of an industry or what other information would be needed?
This solution shows graphically what could happens to quantity sold when a price ceiling or a price floor is imposed.
Elucidate what were some changes of the demand and supply fconditions that lead to the housing market bubble and collapse.
How many "spells" of unemployment occur each year in this economy? What percentage of the "spells" are only one month long?
Explain how might Peterson draw on the insights of new growth theory to draft a position statement ruling out unhindered immigration but proposing greater openness to "targeted immigrants".
Construct a table shoeing Grey's marginal sales per day in each state. Calculate Grey's maximum monthly commission income.
Explain how has a more diversified labor force affected the corporate structure and the economy.
Assume the effects on salaries and employment of such agreements. Also, indicate some of the reasons why they may be difficult to enforce.
Utilizing an appropriate diagram, show and explain briefly how a rise in the minimum wage could result in higher employment
Explain how does the distinction among nominal and real interest rates add uncertainty to the effect of monetary policy on the economy.
Assume that the soft coal industry is a competitive industry and it is in long run equilibrium. Now assume that the firms in the industry form a cartel.
By how much will each firm reduce its SO2 output? Which firm will buy permits, which firm will sell them, and how many permits will be exchanged?
Illustrate what should the Fed do in inflation continues to fall and eventually starts to become deflation.
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