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Would it ever be rational for a firm to retain an employee whose current marginal revenue product is less than her current wage? Explain.
Simon Langlois studied government employment in Quebec. He found that even though the government had made efforts to formalize recruitment, over 40 percent of those surveyed found their jobs through personal contacts. In the majority of those cases, ..
What is the purpose of economic sanctions? What problems do they pose for the nation initiating the sanctions? When are sanctions most successful in achieving their goals?
What are the dangers of the Gardasil vaccination? If it is so bad, why were so many parents pro vaccination before?
Brazil has a population of about 200 million, with about 145 million over the age of 15. Of these, an estimated 25 percent are functionally illiterate. The typical literate individual reads only about two no academic books per year, which is less tha..
General Electric paid its line workers $12 per hour last year when the Consumer Price Index was 100. Suppose over the past year that deflation occurred and the aggregate price level fell to 90. Instructions: Round your answers to two decimal places. ..
Describe the tragedy of the commons. What problems are presented by the tragedy of the commons for moral evaluation of technological development? How would you address these problems?
Suppose that Greece and Switzerland both produce beer and olives. Greece's opportunity cost of producing a crate of olives is 5 barrels of beer while Switzerland's opportunity cost of producing a crate of olives is 10 barrels of beer. Based on your a..
Using Gelso (2006), Harlow (2009), Wacker (1998), and five additional peer-reviewed articles from your specialization, discuss scholarly views on the nature.
An asset is purchased for $745,000 today. It will have a $76,000 salvage value after 5 years of use. Using the straight-line (SLN) method, calculate the depreciation charge for year 2 and the book value at the end of year 2.
q.consider the following demand as well as schedule for bottles of watercost p quantity demand as well as used by
What is a specific, "real-life" example of a seller in the world today that meets the definition of a price taker? Your posting should be at least two paragraphs long and specifically identify the undifferentiated product (remember - no brand names h..
There is an intimate connection between politics and economics, and different systems of the two can only exist side-by-side in certain pairings. For instance, says Friedman, a society which is (economically) socialist cannot also be (politically) de..
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