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1. List three of the highest paying occupations. Why do you think they are high paying jobs?
2. Does a strike for a raise of 5 cents/hour make any sense? What kind of long-term benefit might a union gain from such a strike?
3. If poor people don't want to work, should they get welfare? What about their children?
4. The pollution that closes beaches can be avoided with better sewage treatment facilities. Who should bear that cost?
5. What are pollution permits? Explain how they work.
A small grocery store faces the following demand for lobster. PRICE & QUANTITY: $0 and 80 quantities. $ 6 and 60 quantities, $12 and 40 quantities, $18 and 20 quantities, $24 and 10 quantities.
"Market Entry and Monopolistic Competition" Please respond to the following: From the e-Activity article, describe your position on whether or not Apple is stifling competition and monopolizing the tablet market.
Which of the following is true of the principal’s liability for an independent contractor’s actions? Joy, Saras agent, sells a property of $2000 more than what Sarah had anticipated. But, Joy keeps the excess money to him, and lets Sarah know that th..
an individual wishes to deposit an amount of money now and 100 every six months so that at the end of five years they
You are the manager of a monopolistically competitive firm. Your demand function is: p=25-Q, and your cost function is : TC=5Q. Respectively MR=25-2Q and MC=5. Determine the firm price, output and profits. Explain. What will happen in the market in t..
analyze the major short-run and long-run production and cost functions implied by this new cost data for the frozen
a firm has two prodcuts and two customers. customer 1 is willing to pay 9 for product a and 4 for product b. customer
Why do we see cigarette butts and other trash by the side of the road and often by the end of an interstate exit ramp? In other words, consider why we see litter where we see it as well as where we don’t
With an aid of diagram (consist of both demand & supply curves) show & explain what happens to the equilibrium price & quantity when:1. the preference for pepsi suddenly increases 2. the price of milk has increased which increased the cost of ice cre..
In the competitive market, the market demand is Qd=48 - 5p and the market supply is Qs = 7P. The equilibrium price is4
Marginal cost are identical
An engineer bought a $1000 bond of an American airline for $875 just after an interest payment had been made. The bond paid a six percent coupon interest rate semi annually. What nominal rate of return did the engineer receive from the bond if he hel..
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