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What are the external costs of driving a car? Should a tax on gasoline be used to pay for these external costs, and why?
What is the world's total GDP?What is the average GDP per capita of the most productive 20% of the world's population?
What are the differences between demand schedule and the demand curve, and how are they related
Illustrate what is the efficiency factor. Elucidate these factors in terms of the production possibilities curve.
Calculate the average total cost at these different sales levels. Assuming that the cost structure for every firm in the industry is identical, do you think that the industry could be in long-run equilibrium?
The engineering approach to price estimation is depends on the least cost available technology needed to achieve a given level of abatement. The survey approach to cost estimation relies on estimated abatement expenditures obtained directly from pol..
The public education system in South Africa experiences major challenges. One way of dealing with this problem is for government to privatize education
A firm in perfectly competitive 'industry has this cost function: TC = 900 + q^2-If market demand is QD = 1800 - 20P, what is the long-run equilibrium price, quantity produced by the firm and the industry, and the number of firms in the industry?
Explain 3 to 5 factors in the economy that will impact the demand for gasoline and one for the cost associated with manufacturing the good or service.
Describe the term performance booster(s) and how it relates to a Virtual Teams. There are three accountability Questions discussed in Chapter six of our class text book, - Discuss each with example.
What is an exchange rate? What is the exchange rate currently for the US dollar and the euro? for the dollar and the yen? for any other currency of your choice?
The stock market is like a casino and buying stock is just like placing a bet. Stocks are risky but with good research and prudent planning one can earn significant returns. Pick a statement and defend it.
Which country suffered the greater fall in aggregate demand, Finland, which does not compete directly with China in its export markets, or Spain, which does? What would have happened had Spain retained its old currency, the peseta?
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