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Identify trade policies of the time and discuss the following points: What are the main goods and services the United States traded internationally?
What trade barriers were in place during that decade?
What are two pros and two cons of the trade barriers used?
ist one industry that is an example of aperfectly competitve industry and one that is an example of amonopoly. Explain and discuss why these industries are examples of perfect competition and a monopoly using the characterstics of these industries..
What determines the size of the employment effect of a minimum wage increase in the model of perfect competition and what is meant by monopsony power and why might firms have it?
Determine the profit maximizing price and quantity and socially efficient price and quantity and If the company is offered the contract, should it build the bridge? Why or why not?
The owners of the copper smelters to operate each smelter longer than has been the practice in the past affect the elasticity of demand for labour in the copper industry.
BudgetSurplus: The amount by which government revenues exceedgovernment expenditures in a given year. PublicDebt: The total accumulation of the FederalGovernment's total deficits and surpluses which have occurredthrough time.
Describe product and data
the employees at warren manufacturing company are unionized. as minimum requirements the union members insist on
How does the resulting change in the slope of the aggregate demand curve help stabilize inflation when the economy is hit with a temporary negative supply shock?
Show the PPF-Budget Constraint-Indifference curve diagram for H and for F in this free trade equilibrium.
Is the following, true, false, or do you need more information? Airlines should charge $1,300 for a first class ticket
Compute output, marginal cost, average cost, price, and profit at the average cost-minimizing activity level. Compute these values at the profit-maximizing activity level.
Find the total product, average product and marginal product for integer values of L from 1 to 9. Plot the total product on a graph and the average and marginal product on another as shown in class.
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