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The Wisconsin state legislature enacts a statute that prohibits the advertising of video games "because the games might be harmful to minors."
Despite this new statute, the president of xGamez, Inc., orders xGamez marketers to place ads in various media. When an xGamez ad appears on YUTV, a local television station, xGamez and YUTV are charged with violating the statute.
What is the defendants' best defense against a conviction?
In the 1990s, five firms supplied amateur color film in the United States: Kodak, Fuji, Konica, Agfa, and 3M. From a technical viewpoint, there was little difference in the quality of color film produced by these firms, yet Kodak's market share wa..
Assume world oil supply is 71 million barrels per day at a price of $54 per barrel. Suppose that if the price per barrel of oil increases to $56 per day, then 82 million barrels of oil will be supplied.
A fast-food company spends millions of dollars to develop and promote a new hamburger on its menu only to find out that consumers won't buy it because they don't like the taste. From an economic prespective, the company should
What is the maximum amount that the money supply can increase when $1,000 cash is injected into a banking system with a 20-percent reserve requirement? Give two reasons why this maximum may not be reached.
The capital-labor ratio of a cost minimizing firm in the long run indicates explain how a firm should produce its output, not how much output it should produce.
1. The United States is the largest foreign purchaser of goods and services from Mexico. How does an expansion in the United States affect RGDP and the price level in Mexico?
Obviously there is only so much that can be accomplished in an existing establishment before the owner reached the point of diminishing marginal returns, or where their output reaches a point where additional tables may cause crowding and profits ..
Discuss the implications of low-skilled worker immigration into the UK for UK wages, trade and output within the framework of the Heckscher Ohlin model.
Westside Bakery is planning opening a new branch in Abingdon, IL. Westside will initially sell only loaves of wheat bread. The fixed costs including building,
Calculate the per capita GDP for the most recent available year for the countries with the equation given in the far right column.
Elucidate the difference between GDP and GNP. What adjustments needs to be made to GDP to arrive at GNP.
The CEO of Malaysia Airlines said on 6 April 2016 that the carrier recorded a profit in February, Its first positive monthly results in years, and is on track to return to the black (profitable) by 2018.
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