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If a new technology in the U.S. shale oil extraction could produce crude oil even more efficiently; at the same time, the U.S. federal government decided to subsidize people for electric car purchase, what would you expect the gas price change in the U.S. market? Please explain your answer in the language of economics by stating the possible shift(s) of demand and/or supply curves in the gas market.
Monopolistically competitive markets are different from perfectly competitive markets because in monopolistically competitive markets firms:
Review the article "Business Ethics and Stakeholder Analysis" by Kenneth E. Goodpaster, found at the NAU Library website. This article discusses "The Stakeholder Paradox."
Many police officer positions being advertised today require the applicant to have a college degree even though the tasks of a police officer rarely call upon college course material. Why don’t police departments increase their applicant pool by drop..
What is the immigration surplus
Consider the market for mustard, which is a complement to hot dogs. Suppose the price of pork, an input in the production of hot dogs decreases. Which of the following accurately describes how the mustard market is affected?
Why is the rise of english in France more acute that the rise of the use of spanish in the US?
Distinguish between the crowding-out effect also the Ricardo Barro effect. Elucidate how are the 2 effects related
Autoregressive models: a. are used to smooth out random fluctuations in time series. b. occur whenever all the independent variables are previous values of the same time series. c. relate a time series to other variables that are believed to explain ..
As my generation (baby boomers) leave the workforce over the next couple of decades, will the remaining employees be equipped to maintain the level of knowledge
1. What is the significance of wage and price flexibility in the classical argument that economy is self-correcting?
If average fixed cost equals 40 and average total cost equal 100 when output is 10 then total variable cost when output is 10 must be?
Calculate the government spending multiplier. If the government increases its spending by 30,000, by how much is GDP going to increase?
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