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Weekly Thought Evaluations (WTEs). Each week, the instructor will ask for a 3-5 page paper on the current week's topic. The content of the paper will respond to the topic by including a summary of the relevant chapter and/or readings and an application of that chapter's material to the topic. WTE 2Medieval scholars stated that positive law included "commutative justice". This meant that there should be a "just price" established for exchanges of goods and services, and that there must be no "usury" at all (they defined usury as the taking of any interest on loans). Could the principle of "commutative justice" be applied in today's world? Do you think it worked effectively in medieval times to achieve justice? Would it do so in today's world? How would it be structured and enforced?
what is the social cost of production and the producer surplus resulting from a negative
The following transactions occurred in a given year. Firm A manufactures leather using a factory valued at $20,000. Suppose Firm A produced $2,000 worth of leather and incurred the following costs: $1,000 for the salaries of workers, $100 for inte..
Calculate the cost effectiveness ratio (CER) for each drug and list the drug that could be reimbursed by the insurance plan, and the threshold value of your reimbursement decision
Employment effects of a minimum wage - What determines the size of the employment effect of a minimum wage increase in the model of perfect competition?
question 1. the inverse market demand for mineral water is p 200 10q where q is total market output and p is the
Denote the Cournot quantity for each rm by qa, and denote half of the monopoly quantity by qb. Suppose that the two rms interact with each other for in nite periods, and in each period they choose quantities simultaneously.
problem 1 estimating the marginal return to schooling suppose carls wage-schooling locus is given by the following
Quantitative Analysis is a vital part of any problem solving, be it from Engineering, Economics, Logistics or Business Analysis. It enables us to glean information from statistical and other analytical methods by which we can deduce..
Do you think requiring employer-based insurance plans to cover contraception will increase unemployment among women? Discuss in light of the results in the Gruber paper on mandated maternity benefits.
Theoretical analysis and discussion of economic principles
What would the number of paying patients and federally funded seniors be if the federal funding agency raised its rate to $120 per treatment and given a supply curve for ultrasound clinics, predict how the supply curve will shift
How do housing prices vary as we move away from the CBD and Compare the cost of commuting for high-income and low-income households
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