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Scotland's inclusion in the British Empire contributed to its remarkable industrial transformation because:
a.It helped Scottish immigrants in the colonies.
b.It gave Scotland a voice in the British Parliament which is known as the House of Commons.
c.It gave Scotland a highly trained labor force.
d.It helped Scotland gain access to markets in England and its colonies.
If researchers wanted to measure the effect of alcohol on the development of the hippocampal region in adolescents. The researchers randomly selected
Studies have found a positive correlation that suggests that company performance and ethical policies are related, supporting the idea that social capital plays
In a competitive market, if prices are held below market equilibrium by government controls, what will be the effect on output?
A city needs to choose area rubbish disposal areas. Area A: A gravel pit has a capacity of 16 million cubic meter. Owing to the possibility of high groundwater the Regional Water Pollution Control Board has restricted the lower 2 million cubic meters..
3. Assume now that the interest rate for saving is only 5%. Find the new intertemporal budget constraint.
If business taxes are increased and the interest rate decreases:
Jerry wants to start his own business with $20, 000 in his bank account. Given that the market borrowing and lending rate is 10%, and his expected production function is y2 = 220 * (sqrt of Initial Investment) What is the optimal amount Jerry should ..
Consider a monopolist in a market with linear inverse demand p(q) = 4 minus q/2. The monopolist's cost function is c(q) = 2q. Write down the monopolist's profit function. Compute the profit-maximizing quantity and the corresponding price.
In competitive markets, individual businesses operate as small sellers in the market. Suppose eBay e-books $4 per unit in a highly competitive market.
Should Peyton Manning mow his own lawn? Suppose Peyton can do the job in 2 hours, or he can hire a gardener, Kris, to do it in 3 hours.
Beth’s Lawn Mowing Service is a small business and operates in a perfectly competitive market. The costs function for Beth’s company is given by: total cost (TC) =0.1q2 + 10q + 50 and marginal cost (MC)=0.2q + 10, where q=the number of acres Beth cho..
Does labor market benefits from technology and innovations? What about if we consider disruptive technology and innovations?
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