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Question
In 1942, the government promulgated regulations that prohibited the manufacture of many types of garments by workers who did the sewing, stitching, and knitting in their homes. If these prohibitions are repealed so that clothing items may now be made either by workers in factories or by independent contractors doing work in their homes, what effect will this have on the labor demand curve for factory workers in the garment industry?
The licorice industry is competitive. The current market price of a string of licorice is $0.40. At this price, a firm decides to produce 2 million strings of licorice this month.
Then the level of investment needed to maintain capital stock (K) in the economy is? {Please show workings}
Other things being equal, an economic expansion in the U.S. will
A common complaint is that a new car will depreciate by 25% as soon as the new owner drives it off the lot.
Explain the industry and market dynamics of Ford's Model T blue ocean strategy. What product concepts and markets were involved in this strategy?
Explain the trade-off between stability and low moral hazard that characterizes bank regulation. What was the savings and loan crisis and how is it a case study of general problems in regulating banks?
What are the equilibrium wage and employment levels in this market?
A new engineer is considering investing in an individual retirement account (IRA) with a mutual fund that has an average annual return of 10%.
How many autos will Ford want to produce in its new Kansas City plant? Ford announced that it plans to invest $400 million over the next two years in its auto manufacturing plant in Kansas City as it prepares to build a new behicle there. the $400 mi..
Which economy is better off, country A, in which output is growing 6 percent per year with population growth of 4 percent per year, or country B, in which output is growing 4 percent per year with population growth of 1 percent per year?
Consider a positive AD shock hitting the economy. Draw an AS/AD diagram and show both the short-run and long-run effects of the shock. And then, explain step by step the adjustment process after the shock, i.e. both the short run deviation from LRAS ..
q. you sell a commodity in a market that resembles perfect competition and your cost function is cq 2q 3q2.
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