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Thinking back on what you have learned in this course, identify the single most important economic principle learned and explain why it was more significant than any other principle or concept.
Who will capture the economic benefits that the internet creates? will all the value end up going to customers, or will companies be able to reap a share of it?
Develop a 90 percent confidence interval for the population mean. The previous director, in the summary report she prepared as she retired, indicated the mean length of membership was now "almost 10 years." Does the sample information substantiate..
If a representative firm with long-run total cost given by TC = 50+2q+2q^2 operates in a competitive industry where the short-run market demand and supply curves are given by Qd = 1,410 - 40P and Qs = -390 +20P, its long-run profit maximizing leve..
What will be the on peak and off-peak prices in this market? Would your answer change if the solar could somehow also operate during off-peak as well as peak hours?
The following table contains 3-hypothetical public assistance plans. Calculate the minimum income, the benefit- reduction rate, and the break-even income for each plan.
Answer all the following questions. Provide specific examples to support your answers. What was the basic charge against Microsoft by the government?
Suppose the marginal costs of reading are consatnt and the marginal benefits of reading decline(over time). Initially, the marginal benefits of reading are greater than the marginal costs. draw the marginal benefit curve and marginal cost cuve of ..
CleanAuto Inc. has four workers: Julie, Ian, Devon, and Thomas. CleanAuto Inc. provides two services: interior vacuuming and exterior wash. Julie can perform each of these tasks in one hour.
Assume that a "leader country" has real GDP per capita of $40,000, whereas a "follower country" has real GDP per capita of $20,000. Next suppose that the growth of real GDP per capita falls to zero percent in the leader country and rises to 2 perc..
Write the macroeconomic issue about the lack of growth of Malaysia, the answer should explain why this issue happened, the impact of this issue (good influence and bad influence), must add the reference to support your explanation, please write thi..
Which statement best summarizes Friedman's views on the role of monetary policy? Monetary policy should best be conducted by: 1.controlling the price leve
Suppose elasticity is -2,price is $10, and marginal cost is $8, should you raise or lower price?
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