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List an example of a country that practices free trade, a country that has trade barriers, and a country that has combination of the two.
You are a perfectly competitive firm and P = $5 . Your cost function is: C(Y )= Y2 + Y + 4. What are your firm’s variable costs? Fixed costs? Write down your firm’s profit function. Write down the firms first order condition for profit maximization a..
In looking at GDP we see that not all aspects are counted. Do you find that the items like buying a home or a used car should be counted in GDP?
The expected life is 10 years (with periodic upgrades). Compute the PW of the depreciation deductions assuming:
How could you use behavioral economics to increase the number of insured employees? Please be as detailed as possible, the more of an explanation the better.
q1. elucidate average costs are minimized when marginal costs are at their lowest point.q2. the provide side economics
How could free trade result in dramatic price reductions that force businesses to close and create unemployment?
If the firms form a cartel to maximize industry profit, what is the industry marginal revenue at the profit-maximizing level of output?
If a small bank's liabilities are long-term while its assets are short-term, when interest rates rise the value of the bank's assets:
If immigration increases the number of rough laborers hired from 50 to 60, by how much will the short-run profits of employers in this market change?
1. State the null hypothesis in words AND statistical notation. 2. State the alternate hypothesis in words AND statistical notation.
Each year a sample of applications is taken to see whether the examination scores are at the same level as in previous years. Illustrate what is your conclusion based on this value.
smaller multiplier means that change in government purchases of goods and services, government transfers, or taxes necessary to close an inflationary or recessionary gap is larger. How can you explain this apparent inconsistency.
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