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In this discussion question, describe the Pros and Cons of some video editing software that you have used for would like to use. If you use sources outside your text, please provide where you received the information.
Firms A and B are duopolist producers of widgets. The marginal cost of producing a widget is $10. The market demand for widgets is QD=35-(.5)P, where Q measures thousands of widgets per year. Competition in the widget market is described by the Courn..
What is fiscal policy? What are the fiscal policy tools available to the government? Explain and show graphically the impact of fiscal policy on equilibrium real income and interest rates. What is the government's budget equation? What is Crowding Ou..
show the impact of the expeted future in gasoline prices on the current demand for gasoline by shifting the demand curve on a graph.
Suppose the following table reflects the domestic supply and demand for compact discs (CD’s). Now suppose that foreigners enter the market, offering to sell an unlimited supply of CD’s for $6 apiece. Illustrate and identify.
As an active participant on the Physics Stack Exchange I have, on several separate occasions, run into some vague remarks about the 'intimate relation' between the famous Black-Scholes model in economics and the Schrodinger equation that appears in q..
If two countries have identical production possibility frontiers, then trade between them is likely to be beneficial if:
If 188 countries of the world issue their own currencies, and all of these currencies are traded in free open foreign exchange markets, how many exchange rates are there in total? How many so-called fundamental exchange rates are there, where the ter..
If there are zero transaction costs, firms prefer to hire employees over independent contractors. Employees shirking on the job is an example of moral hazard. Tournament compensation theory predicts that the pay for a CEO is set at a level equal to t..
Discuss how the two alternatives listed differ on the public-private continuum. Also describe how appropriate public policy might differ as the industry moves.
The financial crisis that occurred 2008-2010 amounted to a increased debt ratio in many countries. Write the debt ratio formula. Discuss in detail what factors that tend to increase or decrease the debt ratio under a financial crisis.
The demand and supply equations for the pear market are: Demand: P = 12 - 0.01Q Supply: P = 0.02Q where P= price per bushel, and Q=quantity. Calculate the equilibrium price and quantity. What is the size of this shortage or surplus? Provide a numeric..
Which of the following statements about marginal utility is correct?
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