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1) What factors influence a firm's competitive strategies? How does global economic competition affect the price elasticity of demand in the domestic market and decisions related to the strategy a firm uses to compete?
Why do most economists oppose trade restrictions? Who have been the winners and losers as a result of the North American Free Trade Agreement? Explain your answer. 2) What are the effects of innovation and technology on the cost of production? How does technology affect market structure and real-world competition?
Which market structure is best suited for technological innovation? Explain your answer. How have technological innovations affected your organization? 3) Identify an example in which the competitive environment affected the relationship between labor and management. How was the relationship affected?
What was the effect on the wages earned by the labor force, and the size of the labor force? What factors at work led to this outcome?
who is studying the relationship between the money supply, interest rates, and the rate of inflation is engaged
Government spending is often too small to have the impact that governments usually want to see on the economy. However, something occurs in the economy after the initial government injection which makes the end result much larger than the initial ..
The demand for good X has been estimated by Qxd = 6-2PX+5Py. Suppose that the good X sells at $3 per unit and good Y sells for $2 per unit. Calculate the price elasticity.
Name three goods or services with highly elastic price elasticity of supply. Name three goods or services with highly inelastic price elasticity of supply.
You borrowed $150,000 with a 30-years payback term and a variable APR that starts at 9% and can be changed every five years. What is the initial monthly payment?
A state government is considering construction of a flood control dike having a life span of nine years. History indicates that a flood occurs every three years, on average, and causes $400,000 in damages on each occasion. If the state uses a MARR of..
Write an assembly language subroutine
Analyze the most significant economic effects of the researched issues on healthcare industry. Provide at least two (2) examples of these issues to support your response.
Describe the meaning of unit travel
Explain how built in (or automatic) stabilizers work. What are the differences between proportional, progressive, and regressive tax systems as they relate to an economy's built in stability?
Suppose the long-run total cost function for any firm in an industry is given by the cubic equation. TC=a+bq+cq^2+dq^3. Show (using calculus) that this total cost function is consistent with a U-shaped average cost curve for at least some values of a..
In 2-3 pages (not counting cover and references), explain what expenses and costs facing today's air industry. In addition, evaluate what the current fuel costs do to the industry and how they affect the ticket prices and the patrons' flying..
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