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Question: Explain the three main types of agglomeration effects. What difficulties exist in identifying those different classifications? Which examples of industrial clusters in your region (Where you are now, or where you are most familiar with) best reflect each of the different types of industrial clusters?
Describe how a bank increases the money supply. Explain what are a discount loan, a discount rate, and excess reserves. Give an example of how a bank panic.
Fixed cost versus variable cost use a key study that illustrate your understanding of the concepts. Most importantly what happens to fixed cost.
Compute his expected fire loss in any year. He finds that the expected fire loss in any year is less than the $550 annual cost of fire insurance.
many economists feel the inflation rate is overstated. Analyze the impact of the overestimated inflation rate on the economy; be sure to mention which groups benefit and which groups are hurt by the inaccurate estimate of inflation
Explain how it is possible to estimate the partial effect of the exogenous variables, even if ceteris paribus assumption is false Write down the linear model in
Bobby's Burgers is a large restaurant chain with nearly 10,000 units worldwide. It is experiencing incentive problems among its outlet managers. The managers are not working very hard and are letting quality deteriorate at their units. CEO, Bobby Jon..
Consider the competitive market served by many domestic and foreign firms. The domestic demand for such firm's product is Qd=500-1.5P. The supply function of domestic firms is Qsd=50+.5P, while that of the foreign firms is Qsf=250.
Analyze trends in the efficiency of care delivery and the competitiveness of the delivery system and the key factors in keeping costs down.
A household allocates its $2,000 monthly income to the purchase of three goods. Prices of these goods are $30, $40, and $20 per unit- Write the household monthly budget constraint.
The Financial Advisor is a weekly column in the local newspaper. Assume you must answer the following question. "I need a new car that I will keep for 5 years.
Discuss what is "monopolistic" about monopolistic competition and the difference between perfect competition and monopolistic competition
Consider three markets: M1, M2, and M3. There are features of these markets that the Department of Justice observes and features the Department of Justice does not observe. The DOJ observes that M1, M2, and M3 have one
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