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Name at least two legislations to prevent monopolization of businesses. Do you believe these legislations have been helpful? Discuss.
Explain Thorstein Veblen's theory of consumption. Is economic behavior, and consumption in particular, driven by utilitarian impulses or socio-cultural factors? What is the point of conspicuous consumption and conspicuous leisure?
What is an interpreter? Is it better than a compiler? Substantiate your answer.
In 2014, the Memorial Nobel Prize in Economics went to Jean Tirole. Research Tirole's work and address the following issues in essay form: What was the winner's contribution to managerial economics? What current industries and price making-power issu..
In the hedonic theory of wages model show how imposition of safety regulation may lead to lower utility for an individual with a strong preference for higher wages. [Diagram needed]
Assume that the state government is interested in subsidizing the local production of steel. The current price of steel is $1600 per ton and the government wants to provide a subsidy of $100 per ton. In your diagram above, indicate the long-run post-..
There will be a separating equilibrium in which anybody who attends a course of H hours of lectures is paid $5,000 per month and anybody.
Discuss: What are the impacts to the average American household of this breach and JPMorgan Chase's reaction to it? How did the hackers accomplish this breach? Why is JPMorgan Chase having difficulty keeping cyber security staff and what can the..
A marketing firm is interested in eliciting Silvia’s tastes on a set of ten automobiles. In order to do this they ask Silvia, for each pair of alternatives (x,y), whether she finds x at least as good as y. Silvia is interested in both the reliability..
When Calvin Coolidge was vice president and giving a speech about government finances, he said that: “inflation is repudiation.’’ What might he have meant by this? Do you agree? Why or why not? Does it matter whether the inflation is expected or unex..
What is the present value of receiving $200 one year from now when the prevailing rate of interest is 8 percent? What is the present value of $200 to be paid to you at the end of two years, if the market interest rate is 5 percent?
In the coming year, Game Monster, Inc., will be introducing its first product, a wrist brace that protects serious video gamers from repetitive-motion injuries. The brace will be sold for $14 to retailers throughout the country. All sales will be mad..
q.evaluate relationship among the european euro crisis in 2012 as well as the american economy. evaluate how this
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