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Dean's Beans is a local Amherst business coffee from poor farmers in the Third World. How is Dean able to pay farmers higher prices for their coffee? Is his business a charity, or can he run it as a profitable capitalist business?
What is the type of unemployment that suitable for this case? Cyclical, frictional, or structural unemployment?
If work hours in New Zombie are 200 in year 1 and productivity is $18 per hour worked.
What information would you use to make predictions about the economic demands and probable settlement for a particular union-management negotiation?
You currently pay $10,000 per year in rent to a landlord for a $100,000 house, which you are considering purchasing. You can qualify for a loan of $80,000 at 9% if you put $20,000 down on the house. To raise money for the down payment, you would have..
What effects would each of the following have on aggregate demand or aggregate supply? In each case use a diagram in your notes to determine the expected effects on the equilibrium price level (P) and level of real output (Q). For each of the economi..
Leadbelly Co. sells pencils in a perfectly competitive product market and hires workers in a perfectly competitive labor market.
Summarize Walt Disneys marketing mix based on one or several of the following elements: Product and branding strategies (appropriate service strategy if the company has a consumer orientation). Supply chain strategies (how they place the product in t..
For a population with a mean equal to 200 and a standard deviation equal to 25, calculate the standard error of the mean for the following sample sizes.
You receive payments at the end of each Quarter starting at the end of Quarter 1 and lasting 5 years (so the last payment you receive is at the end of Quarter 20). These payments are an equal series of payments of $500 for all 20 payment periods. The..
What technology available to produce your product suddenly improves. You should note whether the scenario indicates a shift of the curve or movement along the curve. You are a supplier of widgets.
The demand for cars in Home is q = 30 – P and the supply of cars in Home is q = P. The demand for cars in Foreign is q = 10 – P and the supply of cars in Foreign is q = P. Calculate the autarky equilibrium price and quantity in each country. Who is t..
A few years ago, a construction manager earning $70,000 per year working for a regional home builder decided to open his own home building company. He took $100,000 out of one of his investment accounts that had been earning around 6% a year
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