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Question: In the short run, neoclassical economics assumes diminishing marginal products. Explain what this means. What is the significance of this assumption (i.e. what does it do, what is its function in the analysis)? In the long run the assumption of diminishing marginal products does not hold. Why not? What assumption replaces diminishing marginal products? What do these assumptions indicate about the political aims of neoclassical economics?
you have been retained by xyz university as a consultant to make recommendations andor proposals for the marketing of
Identify each of the following policies as either fiscal policy or monetary policy and explain why for each question
Social welfare functions embody a normative conception of the relative importance of equity and efficiency'. With the aid of diagrams, illustrate and explain this proposition.
Gallatin inc is considering an investment of 380,000 in an asset with an economic life of five years. What is the average accounting return for this machine?
Identifies the legal issues and potential solutions and answers all questions presented, supported by relevant legal authority. Properly cite all sources using APA format
Determine the quantity demanded, the quantity supplied, and the magnitude of the surplus if a price floor of $42 is imposed in this market.
Do the two options generate equal or dissimilar deadweight losses? Briefly explain. Describe any other considerations that might be relevant to policy makers when deciding between option 1 and option 2.
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Why does the assumption of independence of risks matter in insurance What would happen to premiums if the probabilities of houses burning were positively correlated Can you think of a situation where they might be negatively correlated
Like the market structure of perfect competition, monopolistic competition assumes inexpensive entry into the market and thus many small sellers.
What recommendations would you make to your selected company/organization to help them improve their organic search rankings on the search engines you studied?
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