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1. What critical issues are raised from the examination of development problems and prospects facing Brazil?
2. It has been said that ending extreme poverty and achieving genuine development are possible but not inevitable and that this gives the study of economic development its moral and intellectual urgency. What is meant by this? Comment and evaluate.
Assuming that this firm has positive fixed costs, did the firm earn economic profits, economic losses, or zero economic profits yesterday?
With the help of examples, explain how the people management practices at SAS Institute are different from the practices followed by many of its competitors in the Silicon Valley.
the quantity of labor demanded and supplied respectively, in millions of workers, and W is the hourly wage rate. (a) Suppose the labor market adjusts to competitive equilibrium. What is total employment (L) and the competitive wage (W)
A project your firm is considering for implementation has these estimated costs and revenues: an investment cost of $50,000; maintenance costs that start at $5,000 at end-of-year one and increase by $1,000 for each of the next four years, and then..
Suppose that firm wishes to make produce 100 basketballs every hour. Compute the cost minimizing combination of labor and capital the firm should use. Compute the cost of making 100 basketballs. What is the MRTSLK if K = 25 and L = 100
Suppose demand for widgets is given by the equation P = 20 - 0.5Q. Originally, the price of the good is $10 per unit. When a tax of $2 per unit is imposed, the price of the good rises to $12 per unit. What is the excess burden of the tax
The price earnings ratio for each stock is determined through dividing the value of a share of stock by the earnings per share reported by the firm for the most recent 4-quarters.
The case of Siegel v. Eaton & Prince Co. (46 N.E. 449, 1896) involved a contract for the installation of an elevator in a department store. When the store burned down, it sought to invalidate the contract on the grounds of impossibility. Discuss t..
Read and critically examine the entire Freedom in the World 2016 Report by FreedomHouse (Attached as PDF). Summarize and then disagree with at least one point made by the report
At a student café, there are equal numbers of two types of customers with the following values. The café owner cannot distinguish between the two types of students because many students without early classes arrive early anyway (i.e., she cannot p..
What items does the regular reviewer examine? The independent reviewer?
A firm hires labor in a perfectly competitive labor market. Its current profit-maximizing hourly output is 100 units, which the firm sells at a price of $5 per unit. The marginal physical product of the last unit of labor employed is 5 units per h..
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