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The Washington Consensus implies a particular kind of approach to multi-national business. What criticisms have been made of these approaches to global business? What are the strengths and weaknesses of these arguments?
q.exercise 1price mart reduces the price of a 42 inch tv plasma from 1200 to 1000. as a result sales of tv plasmas
Suppose there are two types of shirts available to Carl: red shirts and black shirts Carl is always willing to exchange three black shirts for one red shirt. What type of preferences is mike exhibiting? Are Carl's preferences convex, strictly convex,..
A detailed evaluation of the ethical considerations associated with the television technology in relation to its impact on humanity. Please include a reference.
You are standing in line. Think about what you would be doing if you are not in this line. The alternatives are infinite and computing the cost of them all is impossible. Discuss the opportunity costs of natural disasters. Calculate (in $$$) your opp..
Consider a competitive market involving firms with identical U-shaped average cost curves that is in the long run equilibrium. Suppose that the government imposes a lump sum tax on every firm in this industry. A firm can avoid the tax only if it stop..
Let the inverse demand curve for tennis classes is: P = 90 - 1.5Q.
Activity-based costing (ABC):
Townville only produces Kale Pops and Krab Rings. Kale Pops are made using the technology Qkp= min (1/2K, L) and Krab Rings are made using a technology Qkr= min (k, 1/3L). What is the equilibrium wage and rental rate for capital in Townville if the i..
There are pros and cons if policymakers use monetary and fiscal policy to stabilize the economy. Explain the main arguments in favor of economic stabilization. Explain why policy lags could make stabilization policies counterproductive.
Assume there is an increase in autonomous investments of $100 billion. Will the effects on the level of equilibrium real GDP be greater with a relatively high or relatively low marginal propensity to consume? Explain.
The current worker’s compensation system pays employees who are permanently injured on the job a payment of $X per year, whether they work or not. Illustrate the budget constraint represented by the current worker’s compensation system. Illustrate th..
An unusually cold January in Florida destroyed entire fields of tomatoes. Florida’s growers are shipping only a quarter of their usual 5 million pounds a week. The price has risen from $6.50 for a 25-pound box a year ago to $30 now. - Source: USA Tod..
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