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1. Has war always been a propulsive force for economies? How about World War I? How about winners versus losers? How about England, which was on the winning side in World War II? 2. if postwar demand was so important in getting the boom going, why isn't there a similar kind of pressure after every period of hard times? 3. Managerial capitalism is a phrase we hear less today than in the Golden Age. Why do you suppose it has dropped out of fashion? What changes do you think might bring it back? 1. What were the strengths and weaknesses of the system of central planning in the Soviet Union? 2. Was the decline of socialism in Eastern Europe the result of purely economic factors? What role was played by politics and culture? 3. Why do you think the ideas of Marxism were mostly not realized in the actual experiences of socialist countries? Please use this source: https://www.tiberiumwars.com/blahdocs/uploads/0136080693makingecono_2483.pdf
Through periods of inflation, all prices increase. Inflation rates differ across regions mainly because of differences in housing prices.
Based upon marginal revenue or marginal cost analysis, explain how output and price are determined in monopolistically competitive markets.
Bertrand Competition
A group of participants were given a large number of products to evaluate. The products are formed by fully crossing all the levels of relevant attributes.The participants’ task is to evaluate each product on an overall liking score.
1 tell how they combine to insure that in the long run a firm in a perfectly compitive industry make zero profit and is
A monopolist that practices perfect price discrimination will choose an output level where marginal revenue is equal to marginal cost to maximise profit.
Summary of a recent news story and explain how it relates to the 10 principles of economics.
a meeting of senior managers at the pringly division has been called to discuss the pricing strategy for a new product.
a doctoral student has just completed a study for her dissertation and found the following demand and supply
explain how the short-run phillips curve the long-run phillips curve the short-run aggregate supply curve the long-run
there are 4 general market structures detailed in this sectiona. perfect competitionb. monopolyc. monopolistic
The arguments for restricting trade- The president of the United States explains that it is necessary to impose trade restrictions, such as a tariff, on the steel-rod industry to protect workers in the domestic steel-rod industry. The president claim..
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