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It is often suggested that small city governments should amalgamate to save money on providing services like water distribution and garbage collection. Give one coun- terargument that favours retaining many small municipal governments in a region.
How much does each firm produce if they move simultaneously? What is the equilibrium price?
Research the government shutdown using legitimate news and political sources. Describe the effect the government shutdown had on federal services and federal spending. Discuss it in terms of the effect on government policy, the effect on the economy,..
1) A farmer has a 1,000 acre farm. He can raise and sell any quantity of potatoes, tomatoes, lettuce and onions. The table below gives the technical data.
Given a downward sloping demand curve, an increase in price is shown graphically as:
What is the Standard Deviation of the sampling distribution?
in the circular flow diagram what do you household received from factor market
What do you think will happen to the labor market and unions in the manufacturing industry in the next 10 years? Do take into consideration any bailout given by the government during the 2008 financial crisis. Where do you think the demand for labor ..
If Joe's capital is currently fixed at K=9 machines. What's the marginal product of Labor?
Miller and Wicks-Lim disagree. Explain why, referencing their arguments on a) the argument that high skill jobs aren’t the main type of employment available (use a statistic), What do the authors think is causing the current unemployment?
Based on the best available econometric estimates, the market elasticity of demand for your firm’s product is -3. The marginal cost of producing the product is constant at $225, while average total cost at current production levels is $315.
Determine the ways your company is dealing with the moral hazard problem and suggest best practices used in the industry to deal with it. (southwest Airlines)
Sam is buying a refrigerator. He has two choices. A used one, at $475, should last him about three years. A new one, at $1250, would likely last eight years. Both have a scrap value of zero. The interest rate is 8 percent. (a) Which refrigerator has ..
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