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What is the best tip for learning about computer processing time, execution time, computer systems
Why should we learn how the american family can be affected by economics? What do you think of the European approach to encourage conservation in gasoline use by imposing very large excise taxes on gasoline? What trade barriers did US face in place d..
Consider an industry with two firms (duopoly) the produce a homogenous product (same product). The two firms strategically choose their price (price is the choice variable, not quantity). Note, this is a Bertrand duopoly setting. Use your knowledge o..
William owns just one ship. Ship is worth 200 million dollars. The probability the sink will ship is .02. His total wealth including the value of the ship is 225 million. U(W) is equal to the squre root of W. What is the maximum amount that william w..
What effect would each of the following have on the demand and supply for hamburgers and on the quantity of hamburgers demanded and supplied in a city?
q1. a corporation is offered trade credit terms of 315 net 45 days.the corporation does not take the discount and
An insurance market may fail to exist due to asymmetric information and adverse selection that results from it (buyers don’t know the repair risks associated with the seller’s car, just like insurers may not know the “repair” risks associated with th..
Examine geographic and economic factors that affect the business environment of China when introducing Agricultural products in that country. Can i have some details about this topic?
The Targeted Jobs Tax Credit existed from 1979 through 1994 and offered employers a tax credit for each less-skilled worker they employed. Assume that the tax credit was fixed at $3 per hour worked by a less-skilled worker. How would this tax credit ..
Wheelan (in Naked Economics) states that "the problem with Asian sweatshops is that there are not enough of them." How is Wheelan's statement illustrative of the concept that every market transaction makes all parties better off?
Draw the Circular Flow Model of a simple economy with the roles of firms, Households, Goverment and a foreign sector. Explain the "Leakage" equatio.
q1. assume the government decides to fight obesity in america by imposing an excise tax on the saturated fat content of
Suppose the competitive market price is $50, and a competitive firm’s total costs = 5q2 - 10q + 150 and marginal cost = 10q - 10. What is the market equilibrium price? Should the competitive firm produce q*? Explain why using one of the four key ques..
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