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1. Why are revisions such as levying special tariffs and quotas on Mexican goods, and taxes on goods produced by U.S. companies in Mexico unfavorable to Mexico?
2. What is the fallacy behind Trump’s pledge to bring manufacturing jobs back home from Asia?
3. What is matching efficiency technology?
State whether the following characteristics represent monopolistic competition, oligopoly, or both.
An investment of $20,000 is to be made on a computer system that will last for 6 years and have a zero salvage value at that time. Operating, maintenance and software costs are projected to be $15,000 the first three years and $20,000 the last 3 year..
q1. what homeland security challenges could the u.s. face in the future? describe at least two challenges and identify
what is the short run equilibrium level of output in this economy.
A local automotive parts factory produced 100 parts. The total variable cost of production was $400 and the average total cost of production was $9. what is the total cost? what is the total fixed cost? what is the average fixed cost?
Explain how business activities and inventories for a manufacturing company, a merchandising company, and a service company differ.
What is the optimal consumption bundle (a*,b*)? What can you say about this utility function?
When you think about attending a high end business meeting or an important interview, do ever wish you could wear a luxury accessory like all the other executives? Our business is able to fulfill that need, in pleasing consumers to rent luxury access..
Suppose that Natasha’s utility function is given by: u(I)=I^(0.5) where I represents annual income in thousands of dollars. Is Natasha risk loving, risk neutral or risk averse? Explain.
(Assume rms compete over quantity) Two identical rms are serving a market in which the inverse demand function is given by P = 400-2Q (P = 400-2(q1+q2)). The marginal costs of each firm are $40 per unit. Solve for (each firms quantity, total quantit..
Assume that you are going to start a small business of your own. Further, imagine that you are able to adequately differentiate your product, or service so that you can establish your business as a monopolistically competitive firm. Describe the busi..
Many times, government intervenes as a way to maximize the social welfare of the people and society. However, not everyone agrees that this is a good idea. Can you think of an examples where government intervention has actually been regarded as a bur..
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