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1) What do you think is the IDEAL age and why?
2) What do you think is the WORST age and why?
Based on your understanding of the economic theory of supply and demand, describe why the price of oil has continued to fall so much even though the consumption of oil has not decreased substantially
suppose that the government chooses conscription. that is the government forces the representative consumer to supply a
What is the equilibrium market price received by doctors and other suppliers of medical services? What is the efficient quantity of medical services? What is the price paid by consumers of medical services?
Show the Equivalence of tariffs and quotas, This requires three graphs showing the effect of tariffs and quotas in situations of a reduction in domestic supply, a decrease in domestic demand, and an increase in domestic supply
mr. phillips of southwest investment bankers is evaluating the pe ratio of madison electronics conveyors mec. the firms
under the authority of the irs real property can be seized for nonpayment of taxes. in addition the local government
Which scheme has a proportional tax? Which scheme has a regressive tax? Which scheme has a progressive tax?
Discuss industry concentration, demand and market conditions, and the pricing behavior of Kodak in the 1990s. Do you think the industry environment is significantly different today? Explain.
Compare the view of the inflation-unemployment tradeoff illustrated by the Phillips curve with Milton Friedman's view, expressed in his Nobel lecture.
What are some examples of price discrimination that you have experienced in the market? What are some advantages of price discrimination for the firm? Consumer?
In the short run, a permanent increase of the domestic money supply depreciates more the domestic currency relative to the foreign currency than a temporary.
The cost of operating a large ship (CO) varies as the square of its velocity (v); specifically, CO = knv2, where n is the trip length in miles.
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