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Question: If the exchange rate between U.S. dollars and South African rand changed from 15 rand per dollar to 17 rand per dollar, and imports to the United States also changed, what event could have occurred if we know that supply has shifted?
Find the equilibrium price and quantity before and after the tax is implemented. Who pays the majority of the tax, suppliers or demanders? Explain why this makes economic sense.
Use the example of average GPA (think of a cumulative GPA over all semesters at any school) and marginal GPA (think of a GPA this semester at any school)
Choose any one topic out of the following , • Water , • Energy , • Agriculture , • Forest
Explain why it is a problem for Foxconn, as a global manufacturing supplier, relative to their corporate social responsibility to not properly address human rights violations in their manufacturing plants. Further, how would this affect their partner..
Freemium is a business model that gives free access but charges for premium features. Many social games fall into this category. On the social networks, why is it difficult to generate revenue through advertising? Why is it particularly hard fo..
Does the asymmetry in the countries' sizes cause them to take different attitudes toward expanding output? Explain why or why not. Comment on whether or not a prisoner's dilemma is present.
describe four strategic predispositions. select one strategic predisposition as your go-to strategy or the one that you
If Kinko's utility function is U(w,j)=min{7w,4w+12j} and she has income $2400, then if the price of whips is $20 and the price of jackets is $40, how many units of whips will Kinko demand?
what are the advantages and disadvantages of using import-substitution to accomplish industrialization rather than
Now consider the long run, in which bike manufacturers are free to enter and exit the market. Show the possible effect of this free entry and exit by shifting the demand curve for a typical individual producer of bikes on the following graph
Find Jane's utility maximizing choice of days spent traveling domestically and daysspent in a foreign country. Graph Jane's budget line on the same graph.
Suppose the federal government balanced the budget and no longer ran a deficit. Speculate how this would affect interest on the federal debt. Justify your response.
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