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Sammy has a drone that he values at? $1,500. Frank values the same drone at? $1,000. The government offers a subsidy of? $800 to the buyers of? drones, and Sammy and Frank agree on a price of? $1,600. The subsidy creates a deadweight loss of
In which markets will firms probably have the most difficulty recouping their investment in technological innovations?
Elucidate what would you recommend as a course of action, if any. For the industry you have chosen, discuss how price moves from today to the future.
Most projects completed using traditional project management are done in a weak matrix organization. Most projects completed in an agile project management framework use a strong matrix or pure project environment. Why is this so?
What category pf civil litigation constituted the highest percentage of lawsuit in 1980? Which category grew the most? Which category basically fell to zero? Personal injury, tax, condemnation, accounts / contracts / notes, reciprocals / urea, divorc..
q.alices utility is given by x as well as y are goods as well as l is the amount of hours that alice works. alice can
Tracy has utility given by U(F,H) = FH^2. Last week Tracy had an income of 6 and the price of food was 1, the price of housing was 1. This week Tracy has income of 12, the price of food is 1/2 and the price of housing is 4. Find Tracy's optimal it co..
Does the free-market (i.e. unregulated) use of common resources tend to be more or less than the socially optimal level?
According to new growth theory, per capita growth is:
After years of no change, a few years ago, we had a three phased increase in minimum wage. Now we are discussing raising it further, to $10.10 an hour Are people that work for minimum wage better off after an increase in minimum wage? How will this i..
A beer distributor claims that a new display, featuring a life-size picture of a well-known athlete, will increase product sales in supermarkets by an average of at least 50 cases in a week. For a random sample of twenty supermarkets, the average sal..
Draw a production possibilities curve for time. On one axis put sleep time and on the other put awake time. You have 24 hours available in a given day. Indicate the combination that describes your allocation today. Also indicate a combination that is..
Sometimes wages are set above the equilibrium level when
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