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View Ivan Oransky's TED Talk, Are We Over-Medicalized? Think about what the presenter's view of the American healthcare system mean in terms of demand and utilization of healthcare services.Is this a sustainable model? How do capitalism and the human quest for continuous innovation affect the economics of healthcare?
How do government choices in regards to tariffs and quotas affect international relations and trade? Include and analysis of trade restrictions like tariffs and quotas.
Price elasticity of demand and Income elasticity of demand What impacts will have the construction of a new natural gas company on oil demand. And on electricity demand? Justify.
Is the Chinese economic transformation after 1980 a threat to the world economy? Why do you think so?
Suppose that the average household in a state consumes 800 gallons of gasoline per year. A 20-cent gasoline tax is introduced, coupled with a $160 annual tax rebate per household.
The question is related to economics and it is about two firms in the Cornout market merge into one firm, what would the merger result in? How much of marginal cost would prevail in the market, etc.
Use a work-leisure diagram that includes nonlabor income to portray an individual who is maximizing utility by working, say, 8 hours per day. Now compare the labor supply effects of imposing (a) a lump-sum tax and (b) proportional tax of, say, 30 per..
Explain how inflation affects consumption in a cash in advance model (with transfers). What causes this to happen and explain how a government collects revenue via seigniorage
suppose you are the president of fraggle rock co. a producer of musical compact discs cds.nbsp assume fraggle rock co.
If unemployment insurance were so generous that it paid unemployed workers 90% of their regular salary A. the official unemployment rate would probably understate true unemployment. B.
Discuss the difference between a change in demand and a change in quantity demanded in terms of causes and in how they appear graphically.
Let's consider a market with both foreign and domestic (i.e. U.S.) production. Suppose that domestic (U.S.) demand is given by QD = 6000 - 50P and domestic supply is QS . Foreign producers can supply any quantity at a price of $40.
you are considering auctioning a leonardo da vinci original sketch. you entice four bidders to come to your auction.
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