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What is the break-even point for a business? Why is the point such a significant part of the business? Please help tutor
indicate for each price whether the firm will produce, shut down, or be indifferent between the two in the short run, and whether it will make a profit, suffer a loss, or break even.
What are the phases of the system implementation process? Are any phases less or more important than others? Why?
If you could, how would you alter the way that GDP is defined and measured in the US? Make one recommendation. Explain what the current practice is, how you would change it, and why your proposed change would be an improvement.
Why is there unemployment even when the economy is at "full employment"? What are some "costs of unemployment"? Is the CPI a biased measure of the inflation rate? Explain your answer.
Outline the differences between active and passive policy and explain how the two approaches differed in their assumptions about how well the economy works on its own.
How much cheaper is the discounted financing option?
What are the major economic justifications for state intervention used by mercantilists? What are the major types of problems with state intervention as they pertain to international political economy?
Danny “Dimes” Donahue is a neighborhood’s 9-year-old entrepreneur. His most recent venture is selling homemade brownies that he bakes himself. At a price of $2.25 each, he sells 100. At a price of $1.75 each, he sells 300. If demand had the same elas..
Identify two of the economic principals that you want to learn more about and why. Discuss a recent price increase of a product or service
A monopsonist has a rising MRC curve. Why? It pays a wage lower than the competitive wage. Why? Why might firms voluntarily pay a wage greater than the competitive (market clearing) wage?
Select a Government Regulation. Identify a particular government regulation of your choosing that in your opinion has either been successful or a failure. Briefly state the original purpose of this regulation and whether it has changed over time. The..
Would you rather live in a period of inflation (plentiful jobs but hugely inflated prices, loss of value for the dollar) or deflation.
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