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What sets the boundaries for trade? Globalization, comparative advantage, absolute advantage, or opportunity cost?
400 words.........
Write out the estimated regression equation for heating area based on wattage and what does the value of the regression coefficient "b" tell us in this situation?
A firm sells cups in two fake countries, Noland and Yesville. Price discrimination is illegal in Noland and in Yesville. But, the price per cup can be different in Noland than it is in Yesville. Calculate profit maximizing values for:
What does Cohen feel is the social responsibility of a business to its workers, stakeholders, and society as a whole and how does this perspective align with that of Drucker?
Discuss the following – What feature (s) of Medicare would cause an economist to say that “Medicare stinks as insurance”? Medicare supplement insurance is available from the commercial market and most commonly covers ‘up-front’ deductibles and least ..
Why does the Federal Open Market Committee use operating and intermediate targets rather than focusing only on the ultimate goals? What is the most important consideration in determining the best monetary aggregate for the Fed’s intermediate targets?
Microeconomics and macroeconomics are:
A hearing is scheduled for your company to present arguments that your firm has not increased its market power through this merger. Can you do this? How? What evidence might you bring to the hearing?
What happens to the profits of boat makers in short run. Illustrate what happens to the number of boat makers in the long run.
if demand is perfectly elastic the demand curve is horizontal. if demand for x shifts right as the price of good y increases, then x and y are substitutes. supply shifts rightward if input prices rise. it is possible for an economy to be inside its p..
Similarities in the definitions of management quoted from authors of management textbooks
Toby is indifferent between the bundles (9, 3) and (5, 5). When Toby is at (9, 3), he would be willing to give up one unit of y if he were to receive two units of x. If Toby is at (5, 5), he would be willing to give up four units of x if he were to r..
Suppose the economy had been producing at natural real GDP but is now experiencing a recession. Which of the following are discretionary fiscal policies that could bring the economy closer to natural real GDP? In the preceding scenario, is the discre..
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