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Question: 1. Suppose a popular band decides to hold a free concert in its hometown. Admission is available on a first-come, first-served basis. Is the concert a public good?
2. A talented musician plays for tips on the street, but never seems to make very much money. Explain why his tip jar is never very full.
welform reform1. what happens to the number of people on welfare since 1994? what explains the change over
Explain what happens in a fixed exchange rate economy when the world interest rate rises
The availability of investment capital is critical for a market economy to grow. Explain how this investment capital is transformed into fixed capital goods, new technology, and cost reduction using new methods of production.
What is the short-run equilibrium level of output (Y)? What is the short-run equilibrium level of inflation (p)?
how does your analysis of value of marginal product vmp change if the employer is a monopolist producer of its output
What will happen to the wage for farm labor at equilibrium? Now suppose farm workers place no value on health benefits. How does this affect your answer?
Identify three different sources of economic growth for a national economy. What do you think would be the most helpful thing to increase economic growth within the U.S. economy? Why?
Using the Company as Hewlett Packard and IT (Information Technology)as the Industry- a). describe one strong force and one weak force impacting your industry and company. Explain clearly why they are strong or weak?
If price is equal to short-run average variable cost, the firm is at the point known as the profit maximizing point.
How did external stakeholders contribute to the revitalization of the classic LEGO ideas? What were the implications for brand management?
Suppose the value of the Japanese yen rises 20%, but in order to maintain market share in the US, major Japanese companies decide not to raise the prices.
First assume that the A's and B's receive the treatment but the C's and D's never receive it. Calculate- The Average Treatment Effect and The Average Treatment on the Treated
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