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What are the major legal forms of business organization? Briefly state the advantages and disadvantages of each. How do you account for the dominant role of corporations in the U.S. economy? What are the basic characteristics of public goods? Explain the significance of the exclusion principle. By what means does government provide public goods?
It is a assignment about microeconomics and need in proper APA format and at least min 1050 words
If there is a decrease in demand for lettuce, we would expect:
The following are different types of production function. Determine whether each one has constant, increasing or decreasing returns to scale.
q1. explain why hyperinflation has such a devastating impact on economies.explain what it takes to stop hyperinflation
1 Define the industry related to the product or service of selling bananas at Walm-mart.
Wheat can only be sold at a central market place M. All producers that do not produce it at M need to haul it there in 11order to sell it and will incur transportation cost. Calculate the maximum distance to the east of M at which the good will be pr..
If a minimum wage were imposed, some employers would react by
Currently there are 2.9 workers for every retiree. Average salary is $50,000 and average benefits are $15,000. What is the average tax rate consistent with a pay-as-you-go system in equilibrium? n her novel “Sense and Sensibility”, Jane Austen wrote,..
How could retirement savings help supplement what you will receive from social security?
According to the Harrod-Domar growth model, if you want your country to grow at 5%, and the capital output ratio is 2: The nation should save what percentage of the nation’s income = What are the problems of relying on the Harrod-Domar model to make ..
Find the limit output for fixed costs ( f ) equal to 50, 32, 18, and 2. What is the SPNE for the entry game with the following timing: in the first-stage firm 1 can commit to its output; in the second stage firm 2 can enter and choose its output for ..
1. Identify multiple business pressures on Xerox. 2. Describe some of the company's response strategies.
q1. which types of inefficiency described in chapter 10 do you think is most economically significant in the country
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