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What is the difference between implicit and explicit costs? Which costs do economists take into consideration? Why? -- Use a specific example to explain how economic cost is calculated.
In which case would the shortage resulting from a price ceiling be greater: when supply is inelastic or elastic?
an individual wishes to deposit an amount of money now and 100 every six months so that at the end of five years they
Create a chart/table where you detail a SWOT analysis for MovieFlix. For your SWOT analysis, you need to list 3 internal strengths, 3 internal weaknesses, 3 external opportunities, and 3 external threats for MovieFlix.
The interest rate generally considered to be the best indicator of day-to-day money market conditions and the one most directly monitored/targeted by the Fed is:
Suppose you have the cobb -Douglass production function k^2L^1/2. Calculate the optimal combination of input goods (K and L that the firm should purchase as function of g, w, and v). Calculate the firm's cost function.
Despite the empirical evidence to the contrary, college decision-makers often believe that their price elasticity of demand is essentially zero. Is that right How important were price considerations in making your college decision Would a change o..
Explain what happens to price and quantity of milk when the following events take place: For each and every event, specify how it effects either demand, quantity demanded, supply, or quantity demanded. It is also important to demonstrate how the ch..
If the Market for Lemons describes the traditional market for used cars what happens to the quantity of cars bought/sold under the following conditions? a. The traditional market for lemons. b. Car dealers become sellers of used cars?
by outsourcing overseas a company can reduce costs but must also take certain risks. global supply chains are exposed
What is the corporate strategy that your selected firm seems to be following internationally: multi-domestic, global, or transnational? Explain your choice.Assess the appropriateness of this strategy.
madison companys variable costs are 25 of sales. its selling price is 150 per unit. if weed sells one unit more than
If many random samples of size n = 4 were collected, and in each case the sample mean was calculated, how would these sample means fluctuate? (i.e. what is the expected value of the sample means and what is the standard error?
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