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What references should I look into to help answer this question: TRUSTING THE RESULTS: If you were to read the results of a study showing that daily use of a certain exercise machine resulted in an average 10-pound weight loss, what more would you want to know about the numbers in addition to the average? (Hint: Do you think everyone who used the machine lost 10 pounds?)
Past experience has explain how that an 80% learning curve applies to the labor required for producing these units. The time to complete the first unit has been estimated to be 1.76 hours.
Do you think the benefits of government regulation exceed the costs? In what areas, if any, do you think the costs exceed the benefits? Cite an example of a company's efforts to circumvent government regulations. Is the use of loopholes ethical?
The government is concerned about high rates of unemployment. To spark hiring, it provides tax incentives for the businesses to invest in new capital projects and stimulate job growth. If the sole concern is adding jobs, use the Hicks-Marshall rules ..
1. What experiences have you had interviewing people to gather information?
If the point price elasticity of demand equals -2 and the marginal cost per unit is $10, the optimal price is: a. $5 b. $10 c. $20 d. impossible to determine without further information. 6. When the cross-price elasticity : a. demand rises by 3% with..
Suppose that in response to a foreign crisis, the government increases defense spending by $50 billion. How would the increase in defense affect the economy? How would the effects differ depending on the size and sign of the output gap when the cr..
What is the relationship between a country’s political/economic environment and risk? What about corruption? Please provide examples to support your post!
In order to protect consumers, the United States has taken action to restrict the imports of certain Chinese goods, such as toys that contain lead and seafood that does not meet certain health standards. Some say that this is a double standard. If th..
During the summer, there are several hot dog stands spread around downtown Boston. They sell very similar products, have little leverage over their market's price, earn little long-run profit, and are not protected from entry and exit by laws and reg..
Think of another good that you have purchased recently (or you could continue with the good you selected in TDA I). Be specific (e.g. is it breakfast cereal in general or Cheerio’s cereal specifically). how does an increase in price for this good aff..
Decide whether each of following statements is true or false. Then explain why your answer is correct, based on Slutsky decomposition into income and substitution effect.
Read the paper “The Great Depression, the New Deal and the Current Crisis” and answer the following questions: What were the similarities and difference in the economic context that preceded the Great Recession, as compared to the reasons that preced..
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