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Question
Consider the theoretical propositions in the article on Scientific Economics. If the hypotheses are statistically accepted, and general review of current economic circumstances strongly suggest that they might, what does that suggest for the optimal market organization for used cars. Why? How would your analysis differ for treatment of strokes or cardiac treatment? Why?
A large, well-established home insurance company writes insurance policies to cover losses from fire, theft, and vandalism. In a recent financial review, managers discovered that company performance was lagging behind projections. Do the actuaries ha..
Find out the equilibrium level of GDP. Next find the multiplier for government purchases and fixed taxes. If full employment comes at y+1800, what are some policies that would move GDP to that level.
Reflect on the changes in U.S. manufacturing over the last half century. Why did the United States lose so many jobs? What impact did that job loss have on the U.S. economy and on the economies of countries like China and Mexico that have been the re..
ACNE Corporation currently has a 20% market share in a $15 billion industry (measured by sales revenue). EMCA Corporation currently has a 17% market share in that same industry. What is the sales revenue for each corporation?
q1. if the impact of the u.s. imposed on japan voluntary export restraint of passenger cars to the u.s. from 2000000
By showing the behavior of both a monopoly and a dominant firm in the same graph, show that monopoly profits are greater than the profit of a dominant firm in the no-entry equilibrium. Show how much consumers benefit from buying from a dominant firm-..
Why would the short-run price elasticity be lower than the long-run price elasticity of demand for gas in this case? Is price gouging fair?
If neither investment nor consumption depends on the interest rate, then the IS curve is vertical and monetary policy has no effect on output.
Holly's break-even level of income where her consumption equals disposable income is $1017 and her MPS is 0.20. If her actual disposable income is $1414
The owner/manager of an athletic shoe store has revenue of $260,000 per year and labor, interest, inventory, and miscellaneous expenses of $200,000. The owner also owns the building the store is located in. It would rent out for $5,000 annually. What..
What are the possible reasons for governments choosing to devalue their currency?
Why the long-run aggregate-supply curve is vertical. Three theories for why the short-run aggregate-supply curve is upward-sloping.
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