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College Degrees Required for Police Officers Many Police Officer positions being advertised today require the applicant to have a college degree even though the tasks of a police officer rarely call upon college course material. Why don’t police departments increase their applicant pool by dropping this requirement?
What is the Law of Diminishing Returns. Discuss a company's two short run options: 1. stay open or 2. shut down.
The firm’s problem is to choose the quantity that maximizes profit, given an exogenous market price P. (b) Does this problem satisfy the global second order condition? Calculate the firm’s highest attainable profit. Calculate the firm’s profit-maximi..
Jon consumes only two goods: coffee and donuts. When the price of coffee falls, he buys the same amount of donuts and more coffee. Draw a indifference curve and Budget line diagram to illustrate Bob's pattern of consumption. What does this tell us ab..
Calculate the four combinations of outputs of corn and rice for these 4 plans.
A student investment club, The Millionaires Club, is considering purchase of a security for the club. The current earnings per share is $.75 and is expected to increase by $.05 each year into the future. If 30-year government bonds are paying 4.6%, w..
q.briefly explicate what means by the market is a commons. in your brief essay create sure you cover each of following
Draw the PPFs for A and B when they work for 4 hours. What if the OC of shirt for A? What is the OC of shirt for B? What is the OC of cake for B? Who will export shirts? Why?
There are lots of differences between a market served by a monopoly and a market that is perfectly competitive. Sort the items below according to whether they are associated with a single-price monopoly or perfect competition.
Discuss the elements that make up Australia's Current Account. Outline the cyclical and structural factors that have caused Current Account Deficits in the last decade.
Fiscal stimulus to aid recovery from a recession will be most effective in the long run if______________
Compute the optimal pricing scheme of the iphone, Assume which there are equal numbers of every customer type.
Sales and profits for a new product are uncertain. The predicted sales may be as high as 10,000 units per year with a probability of 10%. The most likely value is 7,000 units per year. The pessimistic value is estimated to 5,000 units per year with a..
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