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Many countries in the European Union use the same currency: Euro. Should the US, Canada and Mexico similarly use the same currency? What are the pros and cons of using the same currency if all three countries use it? Will the US benefit from such as currency?
The supply and demand for Mandarin-English
How is market clearing quantity determined in terms of consumer surplus and producer surplus? How is market clearing price determined in terms of rationing function?
Reconsider the "double marginalization" model. Show how the upstream firm can use a two part tariff when selling inputs to the downstream firm to achieve the same level of profits as under vertical integration.
suppose the local market for cigarettes is made up of the following peopletype a qa 20 - p type b qb 30 - 2p type c qc
Suppose the state of California needs to increase tax revenue. The government is considering raising the per-unit tax on consumption good in order to generate more tax revenue.
Some "instances" of Corporate Social Responsibility (CSR) are in the eye of the beholder. It is interesting that the early literature (say 10-15 years ago) argued that corporations could have virtues and vices; interesting idea given the rece..
For a normal good, explain the difference between the income effect and the substitution effect using an appropriate diagram
The United States has been the largest exporter of corn for over 40 years. How can Economics and comparative advantage explain this? Other countries have no use for corn since they produce other foods.
Plot the marginal revenue and marginal cost curves and is the industry the firm operates in competitive? Is the industry in long-run equilibrium?
Determine the profit-maximizing average monthly production capacity for DermaPlus for each of the possible reference-based prices identified by the consultant. Estimate the expected monthly profit in each case.
Individual retirement accounts, or IRAs, were established by the U.S. government to encourage saving. An individual who deposits part of current earnings in an IRA does not have to pay income taxes on the earnings deposited, nor are any income taxes ..
exercise 1 quantity quotaa new chemical cleaning solution is introduced to the market. initially demand is qd 1000
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