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A team of researcher randomly separates their Study's participants into two groups, giving one group a placebo and the other a new treatment to be tested. As the treatment i not experimental, both participants and researcher do no know whether, a specific participant is receiving the new treatment or not. What type of study is this?
Italy makes two products: cheese and wine. Italian workers can make one unit of cheese in ten hours and one unit of wine in five hours. Draw a PPF for Italy for a 100 hour time period. What is the opportunity cost for one unit of cheese? What is the ..
First being very specific clearly identify the underlined item or concept from the text, Additional Text Readings or lectures and then next explain its relation to or effect on international business from a manager’s perspective working for the compa..
suppose a consumer prefers a sandwich with 2 slices of bread and 2 slices of ham. Assume that price per slice of bread is .10 and per Ham is .25. The consumers budget for lunch is 3.50. Write the budget constraint and show a few indifference curves.
What price should Frank charge for each hour of work? What service fee should he charge? Explain the logic behind your answers.
The average quality of labor has increased, partly because the demand for education and health care are:
A key difference between accountants and economists is their different treatment of the cost of capital. Does this cause an accountant’s estimate of total costs to be higher or lower than an economists estimate? Explain.
Compare the two companies from the average amount of fat in their yogurt ice cream.
Price elasticity of demand is constant along a linear demand curve. If a 10% fall in the price of bagels results in 20% increase in the quantity of bagels demanded, then the price elasticity of demand of bagels is 0.2. Price elasticity of supply is c..
Once the plant is up and running, what is the annual percentage return on investment?
If Congress took steps to consolidate banks, thereby reducing total number to 2500, what would you expect to happen to costs within banking industry.
A person at a carnival decides to toss rings until he hits the target, but he will not toss more than 3 times. Let H denote a hit and M denote a miss.
What fiscal policy recommendations would you give considering the state of the economy today and in the future, the deficit, and the debt. Is your recommendation pro-cyclical or counter-cyclical? Explain your policy choices that you are making.
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