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Question: what type of leader you want to become. Describe the traits and characteristics you hope to demonstrate as a leader.
If a competitive firm hires another full-time worker, total output increases from 100 units to 110 units per week. Suppose the market price of output is $25 per unit. Illustrate what is the maximum weekly wage at which the firm would hire that add..
Suppose that there is no fixed production input (i.e. long run.) With the production function above, the slope of the isoquant is given by MRTS = -(K/2L). Assume the firm chooses to hold costs C at $50.
Two firms A and B face the following costs to reduce their level of pollution by the amount q: cA(q) = 2q^2 cB (q) = q^2 One unit of pollution generates a marginal damage of $2 to society. With no public intervention, what level of pollution reductio..
q. suppose in the short run a perfectly competitive firm has variable cost 3q2 and mc 6q where q is the quantity of
What were the fiscal Policies during Harry S Truman's presidency?
Prepare research report on the following organizations. Provide the full name of the organization, its mandate, and indicate
A simple model of search. Consider an agent who lives two periods. He is unemployed at the beginning of the first period and has a wage offer of w. If he accepts the wage offer w, he will work forever at that wage. What is the expected value of the p..
In a remote rural area, Lee finds an old wrecked car with no license plates along the side of the road. Looking through the car, which is unlocked, he finds a valuable diamond ring. Later, the original buyer of the ring comes forward and admits that ..
The monetary base increased by 20% during the contraction of 1929-1933, but the money supply fell by 25%. Why did this occur?
Explain the economics behind the individual mandate for health insurance (i.e., adverse selection). Would you expect the poor to prefer individual mandates or employer mandates? Why?
Duffy derives utility from only two goods: milk and cookies. He only consumes milk and cookies in fixed proportions: he likes to have 4 cookies with each glass of milk. Duffy has income of $270, the price of milk is $1 per glass, and the price of a c..
How does cultural fit attract people to an organization? What role does the leadership team perform in cultural fit? How does the external environment
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