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Describe the economy of your state. What is the most recently reported unemployment rate? How has the number of payroll jobs changed over the last 3 months and over the last year? How does your state’s performance compare to the U.S economy’s performance over the last year? What explanations have been offered in the press? How accurate are they?
What would you do if patent law prevented your rival from cloning your product.
Find three examples of firms that pioneered a new product in a new market . In your opinion, why were the successful pioneers successful and why were the unsuccessful ones unsuccessful?
q. 1. suppose at columbia university grade point average gpa and sat scores are related by the conditional expectation
What is the role of the financial system? Name and describe two markets that are part of the financial system in the U.S. economy. Name and describe two financial intermediaries.
In June, Percy buys 8 cookies and 12 crackers. In July, the price of cookies rises and the price of crackers falls. His June and July budget lines cross at the point (10, 10). In July, Percy might choose to buy 12 cookies. If cookies are an inferior ..
Explain how low must a quota be in effect to have an impact. Using a demand-and-supply diagram, illustrate and explain the net welfare loss from imposing such a quota.
From an economist's perspective, an important consideration for policies to address global warming is: When a producer cannot get all consumers of their product to pay for enjoying it, such as in the case of a fireworks display, then we'd have a dema..
The market supply and demand functions for a product traded on a perfectly competitive market are given below: QD = 40 – P QS = -5 + 4P Based on this information, Calculate the equilibrium price and quantity in this market.
If I spent all my money ($450,000) on a new house I could buy a house with 4500 square feet. I settle for a 1500 square foot house. (Each square foot costs the same.) The day after I close the deal a nearby nuclear power plant is condemned and the va..
Briefing Paper 2: Law Case with Answers Instructions: Read Smith v. Van Gorkom - Cheeseman text page 348-349. Brief the facts of the case and assume your boss is seeking your opinions on what effect should the fact that Jerome W. Van Gorkom owned 75,..
The radio manufacturing industry has been in decline for quite some time. Suppose the government is called on to save this industry with infusions of cash, low interest loans, or other special breaks. This might be touted as helping firms remain open..
Do you think that the AUD will fall as low as US 65C by the end of 2016? Justify your answer. What advantages do you think Australia will have in such a scenario? If the market rate is US 65C then what action could the Reserve Bank of Australia take..
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