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Explain the assumptions of [markets must have to be competitive and efficient] related to market failures of Imperfect competition, imperfect information, public goods, and externalities.
Determine the depletion charges using the percentage depletion method for the first year only for a coal mine. The applicable rate for the percentage depletion method is 12%. Cost to acquire mine rights = $50,000
What is a p-value? What is its role in hypothesis testing? How is it interpreted with regard to the outcome of the hypothesis test?
Describe the economy of your state. What is the most recently reported unemployment rate? How has the number of payroll jobs changed over the last 3 months and over the last year? How does your state’s performance compare to the U.S economy’s perform..
Select from the module’s key topics the top three social media mistakes or realities that got Comcast into this trouble. Be sure to justify your choices.
In turkey, many shopping mall owners charge different rental rates on their tenants. The shops of local and relatively unknown brands pay higher rental rates per square meter than the international and famous brand shops. Local shop owners protest th..
The manager of a supermarket lowers the price of its 24-pack bottled water from $4.60 to $3.40 and as a result, sales of bottled water increases from 400-600 packs. What is the arc price elasticity of demand for bottled water? What are some of the ap..
q1. what is the adam smith statement about invisible has well as by m. parkin book micro economics?q2. why is it
Operations manager estimates assembly time required for first two units to be 10.4 hours and 8.3 hours, respectively. What is appropriate learning curve.
A construction firm needs a new small loader. It can be leased from the dealer for 3 years for $5500 per year including all maintenance, OR it can be purchased for $20,000. The firm expects the loader to have a salvage value of $7,000 after 7 years.
Pick the last 2 business cycles as identified by the National Bureau of Economic Research. Explain the behavior of the following variables during each of these cycles- unemployment, inflation, GDP Growth.
Write a 1- to 2-page paper identifying the various parts of your chosen country’s Political Economy. Explain how this system developed over time and any changes you may foresee for the near future. Cite resources as appropriate to support your commen..
In case of a Giffen good, income effect dominates substitution effect. All the points along the demand curve share the same elasticity. The marginal cost curve passes through the minimum point of the average fixed cost curve.
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