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What is the biggest "problem" with allocating public goods?
Do you think the government should have a role in allocating public goods, or should goods be privatized?
In the 1990's what were the levels of U.S. imports and exports during this time. How do they relate to other economic outcomes such as the GDP, foreign exchange rates, and so on?
Increase in the equilibrium price and a decrease in equilibrium quantity of the products made with eggs,consider the effect of that price change on the market for items such as mayonnaise, salad dressing and cake mixes, for which eggs are a key ingre..
Research the government shutdown using legitimate news and political sources. Describe the effect the government shutdown had on federal services and federal spending. Do you believe there were lasting effects from the government shutdown (if so - de..
In chapter three, we introduce the different type of computer systems such as personal, Mainframe, and super computer.
The course readings define marketing as "the activity, set of institutions, and process for creating, communicating, delivering, and exchanging offerings that have value for customers, clients, partners, and society at large." What were your preconce..
What is the role of headquarters and the CEO in a factory-type firm? What is their role in a market-based firm?
Discuss one (1) recent price change that you have noticed while visiting your local supermarket. Determine whether or not the price change that you identified was a result of a change in either supply or demand.
Suppose that currently 4 million automobiles are imported into the U.S. and the average price of those automobiles is $25,000. Further suppose that Congress passes legislation approving a 3 million annual quota on imports that is signed into law by t..
You’ve recently learned that the company where you work is being sold for $390,000. The company’s income statement indicates current profits of $27,000, which have yet to be paid out as dividends. Assuming the company will remain a “going concern” in..
Imagine you have some workers and some handheld computers that you can use to take inventory at a warehouse. There are diminishing returns to taking inventory. If one worker uses one computer, he can inventory 125 items per hour. What if you assign t..
What are examples of firms in an oligopolistic market that abuse their power? Explain how they abuse their power and describe the impact on consumers.
To what extent can the government reduce healthcare costs by attempting to improve inefficient hospitals?
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