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A team of researcher randomly separates their Study's participants into two groups, giving one group a placebo and the other a new treatment to be tested. As the treatment i not experimental, both participants and researcher do no know whether, a specific participant is receiving the new treatment or not. What type of study is this?
Should antitrust laws (or other regulatory policies) attempt to eliminate all forms of imperfect competition? Why or why not?
Compute the price elasticity of demand for good X between the two prices on the demand curve. Describe the price elasticity of demand for good X.
What is the standard deviation of the portfolio of the two assets.
You recently joined Magna Enterprise, a commercial real estate developer, and have been given a position working directly for Evelyn Kemme, Magna's CEO. When you meet Evelyn for the first time, she gives you a project she wants you to complete by the..
In the neoclassical growth theory
Suppose a chemical factory discharges waste products into a river resulting in significant damages to a local fishery. The marginal damage and the marginal abatement cost (MAC) are given by:
What is Karl Marx' explanation of why the industrial revolution began in Britain and how did his narrative influence early development ideas?
Suppose China wishes to peg the Chinese Yuan to the US dollar at $0.20/Yuan. But, because of foreign funds flowing into China, the Yuan appreciates. How can the People’s Bank of China (China’s central bank) maintain the pegged exchange rate? Is the B..
Two ice-cream stands are deciding where to set up along a 1-mile beach. The people are uniformly located along the beach, and each person sitting on the beach buys exactly 1 ice-cream cone per day from the nearest stand. Each ice-cream seller wants t..
Do you agree? Discuss some of the advantages and disadvantages of outsourcing.
If you were a manager at PepsiCo, would you try to convince your colleagues that introducing the new soft drink is the most profitable strategy.
Under the household production model, the full cost of any activity equals:
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