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Q1. Americans already enjoy living standards that far exceed world averages. Do we have enough? Should we even try to produce more?
2. Explain how might the following government interventions affect a economic growth: (a) Mandatory school attendance (b) High income taxes (c) copyright and patent protection (c) political corruption.
Q2. The New York City rent stabilization law of 1969 established maximum rental rates for apartments in New York City Explain how such controls can lead to lacking, mainly in long run moreover other economic costs. Deposit disadvantages, why does rent control remain popular?
Characteristics of Proprietorships what percentage of sole proprietorships is engaged in retail trade? Why might more sole proprietorships be engaged in services rather than manufacturing?
The university is seeking a grant to cover capital costs. How big of a grant would make this project worthwhile (to the university).
Determine the impact on the economy if the central bank in U.S. used inflation targeting.
Demonstrate by example about production which exhibits constant returns to scale.
Small minimum efficient scale in assembly operations indicate high or low entry threat in the PC business
Under oligopoly, if one firm in an industry significantly increases advertising expenditures in order to capture a greater market share, it is most likely that other firms in that industry.
Assume that this is a pass/fail assignment, where the passing grade is low enough that one person can produce a passing paper.
Russian farmers, again, have a poor crop. Their government has announced that they will not ban exports. Discuss the impact on domestic and world prices, consumers and producers the effects of the Russian government's decision.
What is the relationship between marginal cost and marginal revenue when single-price monopoly maximize profit.
Calculate and interpret the own price, cross price, and income elasticity of demand.
Calculate whole expected convenience from each restaurant option and also compare?
What is M1 in Iron mania. What is M2 in Iron mania.
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