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What are the impact of current and expected government policies and regulations, including taxes and regulations in place to address issues related to externalities.
What are the limits to the U.S. long-term economic growth? Is there anything that our government can do to address these limits, or would it be a bad idea to try?
The price elasticity for rice is estimated to be -0.4 and the income elasticity is 0.8. At a price of $0.40 per pound and a per capita income of $20,000, the demand for rice is 50 million tons per year.
The wage paid to engineers is $4000, while technicians, who are not as skilled as engineers, receive $2000. The firm's budget on a particular project is $28,000. How many engineers and how many technicians should be hired in order to maximize p..
Farmers have a relatively inelastic demand for their crops. Suppose there is a bumper crop year (an unusually large harvest).
Describe the advantages and disadvantages of ROE as a measure of corporate profitability. Which company has the lowest ROE?
There are many more sole proprietorhips than corporations or partnerships. Why are there so many sole proprietorships Why is the revenue of the average sole proprietorship less than that of the typical corporation
communication is the sharing of information between two or more individuals or groups to reach a common understanding.
Discuss the growing disparity of earnings in our society in regards to facing a trade-off between equity and efficiency and what does this have to do with the Ten Principles of Economics?
Discuss ways firms establish barriers to entry and explain how they benefit firms but not consumers. Give an example of a law or regulation that limits the ability of firms to establish barriers to entry and an example of a law or regulation that ..
Explain the current economic, social and legal environment and how this type of business fits the environment. Discuss the Product or Service and summarize your analysis of why you believe it will be successful.
Why do you think your policy would work in reducing the total amount of emissions and explain the costs and the benefits of the policy that you choose.
what happens to the interest rate the money supply and the economy in general if the federal reserve is a net seller of
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