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A historian was quoted as saying that if it hadn't been for slavery the ancient Romans would have had color television. What economic conclusions can you draw from that statement?
Please have some college level research and cite the sources so that I can find and understand them. Thank you so much. I really appreciate it.
Use the following diagram (showing the indifference map and the consumer budget line) to answer the following questions. The consumer's income (budget) is $ 600.
a) Will either proposal pass if just decided on its own? Explain. b) Will a proposal combining both arenas pass? Explain. c) Does the combining of the two plans lead to an increase in social well-being? Explain
Which of the following would definitely not be included in the measurement of GDP? When the overall level of prices in the economy is increasing, economists say that the economy is experiencing.
On Tuesday nights, a local restaurant has a kid's meal special. Nina's son, Braden likes the restaurant's chicken nuggets, but Braden seems to be growing bigger every day and the kid's meal is usually not enough. The restaurant does allow for addi..
Define the term shadow prices and outline the challenges encountered in the determination of shadow prices.
After the firm's patent expires, predict the new market output and price. Assume that competing suppliers have the same economic costs as the original producer. Calculate the resulting change in consumer surplus.
Empirical studies reveal a positive correlation among ethical conduct in a corporation and job satisfaction.
suppose a consumer has 80 to spend on movie tickets and dvd rentals this month. movie tickets cost 5 and dvd rentals
Determine the pros and cons of the following consequences of outsourcing decisions made by United States firms in response to increasing globalization and tougher competition in marketplace.
Discuss the impact of these relations in the economies of Europe, China, and the U.S. Create a table in Microsoft Word to present the data and your analysis based on the data.
If the orchard owner only wants to initially trade for hats and bread, the baker only wants to initially trade for hats and shoes, the cobbler only wants to initially trade bread and apples and the hat maker only wants to initially trade for apple..
marketplace labor demand is typically more elastic in absolute value than market labor supply. A person who has a substitution effect that dominates his income effect will increase hours worked when an income tax is imposed.
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