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Since Brexit has happened will Britain be allowed to sell bananas (because they are bendy) within the European Union? What sort of tariffs might be imposed if they are allowed? How might "free trade" be affected as they negotiate with other countries around the world now that they are not in the European union?
q1. a consumer must pay 10 per visit to an amusement park for the first five visits but only 5 per visit beyond five
Assume that the following data describe the condition of the commercial banking system: Are the banks fully utilizing their lending capacity? What would happen to the money supply initially if the public deposited another $20 billion in cash in trans..
A store lowers the price of speakers. Sales of speakers increase. Does this represent an increase in demand or an increase in quantity demanded?
This might be interpreted as an upward shift in the consumption function. Explain how does this shift affect investment and the interest rate.
You are an assistant in a storefront legal office, a summer employee planning to enter law school in the fall. You are assigned to do the initial interview of a new walk-in client. One way that your office stays in business is on its share of just su..
This will be a real challenge, but it should be an interesting challenge. Much of the way we measure risk relies on probability distribution (the bell curve as shown on page 425). For many things in life, and business, this is perfectly valid, but fo..
Please read Ximpleware Corp. v. Versata Software, Inc. Et Al, 2013 U.S. Dist. Lexis 172411. I've included the case below. Be sure to read the case and then brief it using the case brief format found in the tutorials folder under How to Brief a Legal ..
Why is this statement wrong: "Economists argue that lower prices will result in fewer units being supplied. However, there are exceptions to this rule. For example, in 1972, a very simple 10-digit electronic calculator sold for $120. Lower prices di..
A local car dealer is advertising a standard 24-month lease of $1,150 per month for its sports car. The standard lease requires a down payment of $4,500, plus a $1,000 refundable initial deposit now. The first lease payment is due at the end of month..
A retailer has an exclusive license to sell a line of handbags. The bags are so distinctive that consumers do not consider any competing offerings to be close substitutes. The retailer thus can be treated as a monopoly. The demand for the handbags is..
Define external economies of scale and using a graph explain how head start rather than comparative advantage may determine the direction of trade.
Economist A and Economist B get together to discuss the implications of a new government policy that will move a military base from State X to State Y to reduce its operating costs. What are your thoughts about such a policy?
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