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Within the Discussion Board area, write 200-400 words that respond to the following questions with your thoughts, ideas, and comments. This will be the foundation for future discussions by your classmates. Be substantive and clear, and use examples to reinforce your ideas.
Choose a developing country, and discuss its economic growth in the last 2-3 years. Include the following information:
The world is shrinking rapidly with the advent of faster communication, transportation, and financial flows. the terms global industry and global firm are becoming more common. Explain how cultural differences
Adrian is about to borrow $2,814 from his uncle. He has an option to repay the loan at the end of year 5 with 9.62% simple interest per year or with 5.36% interest per year, compounded annually. What is the difference of the total interest paid over ..
Assume that a firm acts as a price taker. Regardless of the demand, it sells each unit of its product for $5. Assume that the rms marginal cost is given by MC = 0.2q + 3. What is the level of output q that maximizes profit?
Construct a graph showing supply and demand in the electronic dog feeder market - How are the laws of supply and demand illustrated in this graph? Explain your answers.
Suppose there are two types of workers: high-ability and low-ability. Workers know their own abilities but firms do not. A high school diploma costs a high-ability person $10,000 and costs a low-ability person $15,000.
Suppose in the example above that the benefits of clear-cutting and not replanting outweighed the costs. What would have to be true for that decision to be economically sustainable - What are the potential problems with market allocation for noise ..
hi i need this assignment done within 8-12 hours of this confirmation. it is very critical that i can have this
Apply one (1) of the following economic concepts (supply, demand, market structures, elasticity, costs of production, GDP, Unemployment, inflation, aggregate demand, and aggregate supply) to the key points that you highlighted in Question 1.Explain h..
Consider a consumer who consumes only two products X and Y. (for example, X may be housing and Y may represent a "composite commodity" con- sifting of all other goods).
The second firm finds that although demand is not perfectly elastic, it is now relatively more elastic. what will happen to the second firms marginal revenue curve and to its profit-maximizing price. competes with a second firm which had been a mon..
1. How does a "fixed" exchange rate-say five U.S. dollars for one British pound-remove the risk in international trading that exists when the exchange rate fluctuates according to the supply and demand for dollars and pounds?
If there is an alteration in the price of an input utilized to produce a good, why is that a change in supply when an alteration in the price of the good itself is a change in the quantity supplied?
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