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Determie what geopolitical events helped shape John Maynard Keynes theories and how did they shape the future of economic policy in the US and other Western countries?
Angelica pickles manager a Quick copy franchise White Plains, New York. Pickles projects reducing copy 5¢ to 4¢ each, Quick Copy's $600-per-week profit contribution will increase by one-third.
If the economy is at point C, what is the cost of one more automobile? One more rocket? Explain how the production possibilities curve reflects the law of increasing opportunities costs
Potato chip industry in Northwest was competitively structured and in long run competitive equilibrium; companies were receiving a normal rate of return and were competing in a monopolistically competitive market structure.
What does the market for sugary sodas look like? Provide a supply-demand graph with realistic prices.
Based on the Coase theorem, if private parties can bargain without expense, then the private market will solve the problem of externalities
What is the cost of using this machinery for one year? How would your answer be different if the machinery had not yet been purchased?
Choose a United States based firm with global operations and discuss the following questions, Discuss the company's activities outside of the U.S.
Suppose that the money market is initially in equilibrium for an economy. Describe with the aid of a diagram how market adjusts to an increase in money supply, an increase in real GDP
What happens to the student's budget line? Illustrate the change with new books on the vertical axis. Is the student worse off or better off after the price change. Explain.
A perfectly competitive firm encounters the following monthly costs and price. What is the fixed cost of this firm? What is the optimal output of this firm?
Distinguish between explicit & implicit costs, giving example of each and what are the explicit & implicit costs of attending college?? Why does the economist classify normal profit as a cost?
Select an organization you work for or are familiar with. Could the organization you have chosen lower prices to increase revenue?
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