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Suggest a proposal suggesting tourism as a tool for economic growth using the 'tourism multiplier effect' concept.
Assume a perfectly competitive firm is producing 300 units of output, P = $10, ATC of the 300th unit is $11, marginal cost of the 300th unit = $10, and AVC of the 300th unit = $9. Based on this information, the firm is:
In order to identify weaknesses in corporate security systems. Do you agree or disagree? Justify your answer.
If you reach in the jar and pull out 2 marbles at random at the same time, find the probability that both are red.
An increase in how responsive investment is to the real cost of borrowing or how net exports respond to the real interest rate makes the IS curve less steep
Suppose Sony develops a chip that can be implanted in someone’s head, allowing them to access the internet through their minds. No other company has the technology necessary for this, so Sony has a monopoly. Now suppose the demand for the implant shi..
Spending by the consumer sector is the driving force in the US economic system. Although the business and government sectors make a considerable contribution to the success of the economy, it is the spending by the consumer or household sector of the..
Describe the basic distinctions between the market models with respect to: number of market participants, type of product being marketed
Mike deposited $500 in the bank at the end of each year for five years. The bank pays 5% interest, compounded annually. How much would mike have in his account following the 5th deposit?
ESPN currently pays the NFL $1.1 billion per year for eight years for the right to exclusively televise Monday Night Football. What is the net present value of this investment if the parent Disney Company has an opportunity interest rate equal to its..
Do you think that GDP is the best measure of social economics well being? Why or why not? If not, what might be some better measures and why?
What are your thoughts on grant writing and grant money toward purchase? How essential is this practice when looking at gaining money toward purchases?
Describe the pros and cons of protectionism and free trade. Discuss which you feel is better for the economy? Why?
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