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Recently, the U.S. Supreme Court ruled that cities could have voucher programs that give money directly to parents, and the parents can then choose between competing schools: public and private. The idea for promoting such a ruling was to create competition among schools. As with businesses, schools were expected to improve their products (how effectively they teach) to win students from competitors. Supposedly, that would mean an improvement in all schools, private and public, and would benefit many students. 1.Do you believe that such economic principles apply in both private and public organizations? Please defend your answer. 2.Are there other public functions that might benefit from more competition, including competition from private firms?
Competition in the market is such that each of the firms independently produces a quantity of output.
A price index for nonresidential construction was 14 in 1949, 92 in 1987, and 114.5 in 2000. As per to these numbers the hospital cost about how much in 2000 dollars. Explain the price of a good is above equilibrium.
which revealed that the buyers were, on average, willing to pay a premium of $295 for an IBM computer.
Elucidate Congress is considering reinstating a 10% investment tax credit in order to stimulate the economy.
explain how much the minimum wage was, employers would still be more likely to pay it.
Elucidate how that a profit-maximizing bundle will typically not exist for a technology that exhibits increasing returns to scale
Citizens can protect themselves in the case of robberies or harm by using these guns. Other states do not allow citizens to carry handguns
Brenda Johnson has used a preprinted form that she got from the internet to create her will.
determine the environmental variable most likely to affect the short-run production over the next 12 months. Determine what managers can do to prepare for the possible change in short-run production. Pick a real or fictitious business.
An end- of- aisle price promotions changes the price elasticity of a good from - 2 to - 3. If the normal price is $ 10, what should the promotional price be?
Me Lisa purchases shares in government bond mutual fund .is this included in the aggregate demand component investment.
Solve for aggregate expenditures (AE) as a function of Y, and compute the equilibrium level of national income. Elucidate your equilibrium in a diagram with AE.
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