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We often conceive of Marxian socialism as a response to classical economics, although Marx's analysis was very much in line with Smith and Ricardo's classical heritage. Defend this statement.
(a) Use the benefit-cost ratio. (b) Use the modified benefit-cost ratio. (c) Use the public/government version of the B/C ratio.
Discuss the role of risk and return in the pharmaceutical industry. In the U.S. health expenditures on drugs amount to about 10% of total health expenditures. In Japan, where physicians are legally permitted to sell pharmaceuticals, national expendit..
Explain the fixed, flexible and partially flexible exchange rates. How do these rates differ from each other?
Use the following table to classify each explanation for the high rate as an instance of either adverse selection or moral hazard.
Given this utility function, MUx=Y, and MUy=X+10. What is the MRS of X for Y at the bundle (X=20, Y=60)?
Explain how it may be profitable for South Korean manufacturers to sell new autos at a lower price in the United States than in South Korea, even with transportation costs included.
q.demonstrate the demand and supply program for calculators in norway and sweden. on graph paper sketch the demand and
The Hull Petroleum Company and Inverted V are retail gasoline franchises that compete in a local market to sell gasoline to consumers. Hull and Inverted V are located across the street from each other and can observe the prices posted on each other’s..
Describe the two possible effects that an increase in the wage rate can have on labor supply. Which effect do you expect to dominate under normal circumstances?
Minimize the loss function with respect to inflation and hence, solve for the discretionary solution
egocentricity and sociocentricity broadly define stages of human growth, and both ultimately become diminished or fade entirely as we mature into adulthood.
What arguments can be made for charging a lower than the profit-maximizing price. What price from the available prices do you recommend.
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