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Question -
Q1. In Riyadh City Road traffic congestion is increasing day by day. As an economist how you see this problem? Suggest and explain an economist's solution to this problem.
Q2. What is opportunity cost? Draw a Production Possibility curve for a country producing two goods and show with help of an example, how principle of opportunity is applied in explaining the changes in production possibilities for the country.
Q3. What is market equilibrium? Take an example of pizza (assume its price and quantity demanded) and analyse graphically, what happens to the equilibrium price and quantity when, (a) there is increase in demand and (b) there is increase in supply.
Find Dirks expected utility from this prospect - Compare the variance of the risky prospect with the pooling scheme and without the pooling scheme.
What is the difference between relative poverty and absolute poverty and How does Statscan measure each? Under what circumstances is each measure relevant? Explain.
Develop conclusions about the economy's influence on personal and business decision-making relative to purchases of big-ticket items or other major purchases.
The following traits are associated with charismatic leadership:
What qualities would ideally suit a monopolistic firm with regard to barriers to entry - Why would labor be treated as a variable cost?
What are six most common sources of funding for potential business owners? What do investors look at first when reviewing a business plan? ashford university.
Compare incremental costs and avoidable costs. Incorporate the impact each has on prices in your response. Provide specific examples to support your comparison.
Monetary policy is carried out by the Federal Reserve. Describe how they use the three tools, reserve requirement, open market operations (Fed. Fund rates) and Discount Rates. Be sure to explain the players involved in each tool, the benefits of e..
Endogenous mortality Consider the model of fertility choice in section 9.2.2. Suppose that the mortality rate, d, can be influenced by family or public expenditures on health.
Why are some organizations that are good at innovations do not seem to be enjoying the fruits of their innovation?
In trip calculation, it is observed that a Wal-Mart store driver successfully made a total of 104 trips in a given period of time. During field calculation, it is shown that the calculated number of trips is actually 128. What is the value of t..
Sketch a PPF for the years 1996 and 1997. Assume that resource availability and technology were the same in both years but higher than in 1982 and 1983. Note that the unemployment rate in the late 1990s was much lower than in the early 1980s.
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