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So Factor demand is a derived demand. Can some one explain this? Also, where is this demand derived from? Can someone Illustrate an example for me?
Why are credit networks indispensable to any civilization? what mean mobile platforms and what kind the service he give to the firm or the customer
What are some socially undesirable effects of a monopoly industry (which means a single firm) producing less output than a similar competitive industry? How do you feel about the excess profits of a monopolist over more benefits to consumers? Provide..
Explain briefly why the sellers and buyers are each willing to do so. What is the total cost of pollution reduction in this situation.
Erin and Deidre, two residents of Ithaca, New York, are planning a trip to Boston. Erin, the sales manager for a large retailer, has to attend a business meeting. Deidre, a college student on vacation, is planning a leisurely trip to visit friends an..
Focus on the ethical dilemmas in testing drugs on human beings. How are those dilemmas changed—made easier or made more difficult—when the issue shifts to testing drugs on animals?
In 2010, many unskilled workers in the United States earned the Federal minimum wage of $7.25 per hour. By contrast, average earnings in 2010 were about $17.00 per hour, and certain highly skilled professionals, such as doctors and lawyers, earned $1..
Social inequality is often said to be the underlying cause of environmental decline. Discuss social inequality's role in at least three of the following process
If the central bank (Federal Reserve in case of USA) does not use accommodating monetary policy, a fiscal stimulus is likely to increase interest rates, which in turn will cause planned investment to decrease. What is this sequence of events called?
There are two types of coal mines in operation: “above-ground” mines, which involve very little risk to the miners, and underground mines, which are considerably more dangerous. What would be an economist’s estimate of the value of a statistical lif..
Two firms with differentiated products compete in prices with demands: q1: 1-P1+0.5P2 q2: 1-P2+0.5P1 Suppose that both firms can produce at the same constant marginal cost c. a. Draw the best response functions. b.Find the prices corresponding to th..
Discuss some of the benefits and costs of globalization for the U.S. economy. How should the U.S. respond to the challenges of globalization? In the short run and long run, how has globalization affected the conduct of monetary and fiscal policy in t..
You just started working at a marketing firm that specializes in introducing new products. The firm has been retained by two start ups.
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