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Question: China's GDP in 2014 is 59,665.10 yuan and the U.S. GDP is $16.8 trillion in the same year, what is China's GDP in dollars for 2014 if the exchange rate is 6.716 yuan =$1.
the firm currently uses 50000 workers to produce 200000 units of output per day. the daily wage per worker is 80 and
ABC Company pays members of its sales force commissions based on their dollar volumes, but XYZ Company pays its salespeople fixed monthly salaries.
Clarissa's utility function is U(r, z) = z + 120r - r^2, where r is the number of rose plants she has in her garden and z is the number of zinnias. She has 250 square feet to allocate to roses and zinnias. Roses each take up 4 square feet and zinnias..
Describe for your audience the nature of childhood obesity, including the economic considerations involved.
The court requires a connection or relationship for quasi-contract claim. How close a connection or relationship must be shown? Explain how equity applies to quasi-contracts.
Explain whether or not government regulation is involved with correcting the market failures, and share your views on the success of the intervention.
Explore how income inequality affects economic performance, including productivity and innovation, and assess potential consequences for social cohesion.
Describe an environment in which permit trading can contribute to economic efficiency. How do permits make such a contribution?
Your cousin Jeremy has asked you to bankroll his proposed business painting houses in the summer. He plans to operate the business for 5 years to pay his way.
Compared to fee-for-service payment, what are the advantages and disadvantages of payment based on diagnosis-related groups?
Prices are determined by the supply and demand equilibrium and are influenced by the price elasticity of demand and supply of goods and services.
The table below depicts the prices and total costs a local used-book store faces. The bookstore competes with a number of similar stores, but it capitalizes on its location and the word-of-mouth reputation of the coffee it serves to its customers...
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