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What are the ways of reducing transaction costs? Do you think online shopping is good for reducing transaction cost? Is there any disadvantages?
Examine the market for tickets for popular sporting events through the supply and demand model. Consider the following questions:
Can citizens who speak an official language or than majority language receive official personal documents in that language. What arrangements have been made in this respect.
It is often argued that price wars may be more likely to occur during low-demand periods than high-demand periods.
On December 31, 2015, Ms. Levine CPA, your manager and the treasurer of the U.S. division of the pharmaceutical company Meeack Corp. had just finished acquiring the United Kingdom drug company Zulu LLP, and, after utilizing her knowledge of the IFRS,..
Which of the following raise the incentive for households to save?
Fifth Problem Earl sells lemonade in a competitive market on a busy street corner in Philadelphia. His production function is f(x1, x2) = x 1/3 1 x 1/3 2 , where output is measured in gallons, x1 is the number of pounds of lemons he uses, and x2 is t..
Billy Bob wants to gain some weight so that he can play football. Billy eats only milkshakes and spinach. Milkshakes cost him $1 each and spinach costs $2 per serving. A milkshake has 850 calories and a serving of spinach has 200 calories. Billy Bob ..
While Bob was walking in the park, he found a $ 100 bill. Not finding the owner, he decided to deposit it in his checking account. The banks have no excess reserves and required reserve ratio is 20 %. How did it change M1 initially? How much money ca..
Assuming that under cost controls rationing is as inefficient as possible while under the quota, the allocation is as inefficient as possible.
Identify two public policies that affect population growth - birth and fertility rates.Do you support these policies? Explain. What – other than public policy – affect population growth rates in different regions? Give examples.
Who benefits when retailers in the United States source textiles from low wages countries such as Bangladesh? Who might lose? Do the gains outweigh the losses?
Interest rates have been at record low levels since 2008. The most recent normal year in the US economy was 2007, the eve of the onset of the global financial crisis. What was the effect of the increase of the supply of loanable funds by the federal ..
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