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Discussion
Think about the production in the city or region in which you live. What does your region produce that it exports to other areas? How have external economies of scale affected your area?
For the next three questions, refer to the production possibilities schedules shown below: Country Rubber bands Paper Clips A 40 80 B 10 40 37. In country A the opportunity cost (relative price) of one paper clip is: a. 2 rubber bands. b. 1 rubber ba..
Distinguish among microeconomics also macroeconomics also identify some relevant topics to each
illustrate what is the corresponding marginal cost function. at illustrate what o/p is AVC at its minimum.
Labor force = number of employed. Labor force = population - number of unemployed. Unemployment Rate = number of unemployed ÷ (number of employed + number of unemployed) X 100.
Strategy and Planning for Local Economic Development. Your primary Strategy is (Human Resource Development) Integration of your primary strategy with other development strategies such as ( Business Development, Community Economic Development, etc). B..
Jason is faced with two options: A BMW costing $40,000 gives him an additional 800 units of utility, and a laser printer costing $1,000 gives him an additional 25 units of utility. Rational choice theory would predict that he would choose:
How would you proceed with the project? Discuss - in a maximum of half a page length - the principles that will guide your decision-making for this project
Below is the abstract of a recent NBER working paper entitled "Organ Allocation Policy and the Decision to Donate" by Judd Kessler and Alvin Roth:
Explain the concept of cyclical voting or the voting paradox. How can this problem be resolved according to Kenneth Arrow?
A low-carbon-steel machine part, operating in a corrosive atmosphere, lasts 6 years, and costs $350 installed. If the part is treated for corrosion resistance
The Solow model assumes that
Analyze the economic and sociological forces that drove the market equilibrium to unsustainable heights and the shocks that brought the markets back down. What might be done to moderate the effects of these economic swings?
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