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Responses to discussion questions are to reflect critical thought and be at least 250 to 300 words in length.
Why do 100% of management programs in the world [marketing, and accounting, IT, too, require graduates to take economics? Is it a. so they can complain when prices are too high, or b. to understand the economy from management's point of view???Explain.
4. a. What is economics?
b. What does the text author say the difference is between microeconomics and macroeconomics?
c. What is the difference between 'talking about economics and studying economics'?
d. What role does economics play in your personal and organizational decisions???[After finishing this, see Discussion/Course Materials for 'instructor's definition of macro'].
suppose that the economy is initially at equilibrium in which total planned real expenditures equals real gdp. which of
Calculate the change in deadweight loss if the U.S. replaces a prohibitive tariff per unit on imported wine by an equal production subsidy per unit of wine sold by U.S. producers.
lightweight personal locator beacons are now available to hikers that make it easier for the forest services rescue
suppose two competitors coa inc. and han inc. are locked in a bitter pricing struggle in the aluminum industry. in
1. consider a world in which prices are sticky in the short-run and perfectly flexible in the long-run. appp may not
1. fit-to-a-tee a price-taking t-shirt design shop has a schedule of total fixed costs total variable costs total
Indicate whether or not each of the following examples of business behavior are legal or illegal under current antitrust law, and mention whether violations under the Sherman Act, Clayton Act, and/or Federal Trade Commissions Act are involved. Pro..
thomas malthus argued that capitalism was unstable due to booms and busts in the economy and so he wanted to see more
all other factors held constant what would be the effect on the demand for money m1 of each of the following
a now add the public sector as represented by govt spending and taxes as in columns 5 amp 6 in table below.b calculate
The new Millennium Dome Company (NMDC) must choose the entry fee for a new sports arena. Suppose an expensive consultancy firm has estimated the demand schedule to be as follows:
Calculate profit for each quantity. How much should the firm produce to maximizeprofit?
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