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How does government implementation of Keynesian fiscal policy seek to reduce fluctuations in the business cycle, and how does this view differ from economic thought prior to the Great Depression?
Would you expect firms in a tight oligopoly market reap higher profits than firms in a loose oligopoly market.
Donna buys goods X and Y. She can just afford the bundle X = 6 and Y = 11. She can also afford X = 12 and Y= 8. Each of these bundles exhausts her income. Draw Donna’s budget line. What is the ratio of the price of x to the price of y?
It comes to global expansion and setting up affiliates aboard, how is a service company's focus different from that of a manufacturing company
In a brief 250 essay Access the website for the Consumer Product Safety Commission (CPSC) and review the functions and responsibilities of the CPSC. Present a reasoned argument as to whether the public would be better served by a "free market" approa..
A monopoly is considering selling several units of a homogeneous product as a single package. A typical consumer’s demand for the product is Qd = 40 - 0.5P, and the marginal cost of production is $50. Determine the optimal number of units to put in a..
Consider the following scenario: The city council has just approved the construction of a water park in your town. You are responsible for studying the impact of the new water park on the local economy and the surrounding community.
Consider the following statements on the basis of positive economic analysis that assumes ceteris paribus. Liston other thing that might change and thus alter the outcome stated.
q1. you manage a department in a large corporation. 2 years ago you had 20 workers and produced 40000 units. the
Your savings account was earning 3% interest. What are explicit and implicit costs of your decision. What is total opportunity cost this year of starting shop.
Dependency theory characterizes countries as being either in the center or on the periphery
Explain why government regulation is or is not needed, citing the major reasons for government involvement in a market economy. Provide support for your explanation.
What is the hedonic theory of wage differentials? Discuss the characteristics of a normal- profit isoprofit curve. Combine isoprofit curves with worker indifference curves to explain how two workers with identical stocks of human capital might be pai..
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