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Research a trade barrier that is imposed on the U.S. by a foreign country, and discuss how this restriction affects the following: (1) prices, (2) availability of products, and (3) political relationships between the U.S. and that country. Finally, express an opinion about how the U.S. should respond to this type of trade restriction. Provide the source of your information.
q1. are all expenditures of a government included in the calculation of gdp for that nation? explain why or why not? if
Iggy only consumes two goods: coffee and cigarettes. Three cigarettes can be traded for one cup of coffee in a free market, or one cup coffee can be traded for three cigarettes. Iggy initially has 12 cigarettes and 5 cups of coffees. Find an equation..
Explain the basics of stakeholder theory as if you are talking to a friend. Should a corporation care about the interests of people other than shareholders? How would a corporation behave differently if it accepted a shareholder theory versus a stake..
Assume in this market all apartments are identical, so there is only one equilibrium rent. Show the rent as $800 per month.
If they close, then they only have the fixed costs. On a graph, we would have to compare the price with the average variable cost. What decisions need to be taken into consideration to determine if the business should remain open or close down
Explain how much and why. This could include things such as mergers, innovative marketing, etc. Illustrate what products and/or services that made by this company.
Suppose there are two kinds of people in society who are equally represented —those with 20% chance of developing diabetes next year, and those with 2% chance of developing diabetes next year. Please explain the difficulty you face as an insurer in f..
In his 1962 book "Economic Development," Galbraith presents eight assumptions about the causes of poverty. What are the eight assumptions?
Assume which one company acquires all the suppliers in the industry and thereby creates a monopoly.
Based on this information, discuss industry concentration, demand and market conditions, and the pricing behavior of Kodak in the 1990s. Do you think the industry environment is significantly different today? Explain.
Chris consumes only 2 goods, Suppose his utility function is U(X1,X2)=X1 1/3,X2 2/3, Suppose P1 =$2,P2= $8 and income(I)=$600 I want to know how to do the problem, so I need to see all the steps it takes to arrive at the correct answers for a,b and c..
Briefly describe how these firms would price discriminate: department stores, airlines, movie theatres
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