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What are some policy recommendation for the Influence of technology on labour productivity?
Assume that a perfectly competitive, constant cost industry is in a long run equilibrium with 20 firms. Each firm is producing 70 units of output which it sells at the price of $18 per unit; out of this amount each firm is paying $2 tax per unit of t..
Export and import practices are at the heart of a country’s trade balance with the rest of the world? Why do some countries subsidize their exports when WTO regulations do not allow that? Are global companies such as Intel, Cisco, Microsoft, oracle, ..
(a) Develop a point estimate of the proportion of respondents who are worried about a future in which robots and computer can do many human jobs.
A random sample of 50 customers has a mean of 3.3 minuteswith a standard deviation of 0.6 minute. If a = 0.05, test the fast food outlet's claim.
Males under the age of 25 must pay far higher auto insurance premiums than females in this age group. How does this fact relate to statistical discrimination? Statistical discrimination implies that discrimination can persist indefinitely, while the ..
In the text, Costa Rica devised a strategic trade policy to accomplish what goals?
Using relevant diagrams, explain why the impact of expansionary fiscal policy in a fixed exchange rate regime differs from the impact of expansionary fiscal policy in a flexible exchange rate regime.
Some ethicists argue that we shouldn't think developing our ethical knowledge is important in order to live a good life morally.
Why don't these authors forget about the make their money in the stock market?
Consider the market for leather shoes. If producers believe the price of leather shoes will increasae next month, today
Discuss the common market anomalies discussed in the lecture notes and textbook. Give reallife examples as appropriate.
The demand function for a firm’s product is Q = P-3. The firm’s marginal cost of production is constant at MC(Q) = 12. (a) Calculate the elasticity of demand, as a function of Q. what is the firm’s profit-maximizing price? what is the firm’s profit-m..
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