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What is Rent seeking? And what is the connection of it with tariff?
The textbook explains real-business-cycle (RBC) models and how each one impacts ?uctuations on employment, unemployment, or output. Discuss relevant policies that impact these areas of fluctuation with emphasis on the policy’s goals and intended effe..
Label everything clearly. Can a firm under monopolistic competition make economic profits in the long run? Why or why not? Explain.
When airlines increase the number of safety inspections of their engines,
What is the effect of the corporate income tax on the investment level of a perfectly competitive corporation that finances its investment by debt (with deductible interest) and has no adjustment cost of investment?
Explain the difference between implicit and explicit costs. Give 2 examples of when an explicit cost is different from an implicit cost.
Peggy Sue's cookies are the best in world, or so I hear. She has been offered a job through Cookie Monster, Inc., to come to work for them at $125,000 per year.
The impact of a catastrophic failure can be the difference between making and breaking an organization. Many government agencies and enterprise organizations practice full-scale recovery. RIM / Blackberry suffered a major catastrophic failure in i..
What condition required the change in methodology? Is the firm still maximizing profit? Is the condition for an optimum allocation of resources being met?
Suppose a firm's short-run production function is given by Q = 16L0.80. What is the marginal product of the fourth worker?
Real interest rates. The political business cycle refers to. Suppose aggregate demand fell. In order to stabilize the economy, the government might. Which of the following likely occurs when households and firms become more pessimistic?
Illustrate the effects of the following events on the dollar-peso exchange rate, i.e., the value of one peso in terms of dollars. label the axes and explain how you arrived at your answer. (Hint: the x-axis should be labeled “pesos” and the y-axis la..
Explain why lean manufacturing requires a stable demand environment. Describe how success to successful system archetype works. What should be done about it.
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