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Assignment
INTRODUCTION
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QUESTION 1
Define a Trade surplus and a Trade deficit. Summarise the consequences of running a trade deficit for a country's economy..
QUESTION 2
Research and explain the causes of the US Trade Deficit. In your opinion does this deficit show the strengths or the weaknesses of the US economy? Explain. (Support your answer with data that shows the relationship between the deficit and the strengths and weaknesses you identify).
1- What are the characteristic that a firm faces in a perfectly competitive market? 2- What methods would they employ to maximize profits? With your own words. Original one not copy paste thank you.
Should the controller's argument be accepted if she does not really know much about copier technology. What would it make a difference if the controller were knowledgeable about the pace of change in copier technology.
Give three reasons why firms produce in Germany rather than in a lower-wage country.
The firm currently uses 50,000 workers to produce 200,000 units of output per day. The daily wage per worker is $80, and the price of the firm's output is $25. The cost of other variable inputs is $400,000 per day
There is a stretch of I-81 in Virginia where there is a single cellular carrier that has roaming charges for any cell phone calls made in its territory. It is the only cellular carrier in that territory, and it is confident that no other cellular ..
Explain how will the quantity of aggregate output supplied respond to the fall in prices. What will happen when firms and workers renegotiate their wages.
Utilizing free markets and the price system always results in a more efficient resource allocation than central planning. Just look at what happened in Eastern Europe.
A firm in a perfectly competitive market invents a new method of production that lowers marginal costs. What happens to its output? What happens to the profit it receives and the price it charges a. The firm has an employee who threatens to tell a..
Enron executives were charged with numerous counts of corporate fraud and corruption. Among the charges was "insider trading", which involves the trading of a corporation's stock by insiders who may have access to information that the public does ..
1. How does the macroeconomic environment affect the firm's decision making? Explain briefly the important variables influencing business activities.
Finish your Analysis project by writing a 12 page paper that includes the following company: 1. An introduction to the and its, analyzing its background, , and structure. (For this, you can draw from the work you did for Unit 2 assignment.) 2. Ana..
Why is it important for an economist to fully understand the way firms and capital markets function?
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