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Question: Think of a time when you faced an ethical dilemma at work, at school, or at home. Be sure to choose a situation in which you had to choose between two or more options, each with negative consequences for you or someone else. What values were involved? What choice did you make? What was the impact on each party involved? Would you make the same choice if you were faced with a similar situation today? Why or why not? ( about 300 words)
What will price and output be if there is no dominant firm? Now assume that there is a dominant firm, whose marginal cost is constant at $6. Derive the residual demand curve that it faces and calculate that it faces and calculate its profit maximi..
assume the market demand is given by q 300-2p and mcac30. compute the price quantity consumer surplus profits and dwl
Production equipment is bought at an initial price of $10,000. The annual operation and maintenance cost is $100. What is the rate of return for this project?
Examining the current market situations of "Starbucks" competition can take many forms. value competition includes collusion, price leadership, loss leaders, price discrimination.
an essay about the us feds involvement in the great panic and discussing the housing bubble and sub prime loans.
Evaluate the following quotation from Forbes : "If IBM had been forced to expense [the software development cost of] $785 million.
Why is comparative advantage significant in international trade? Identify the exchange rate that equalizes the prices of internationally traded goods across countries and briefly discuss the major functions this exchange rate serves.
An economist wants to know what fraction of workers in a factory sometimes smoke marijuana on the job. She collects a random sample of 100 workers.
Rice farmers find that for each $.05 increase in the gov- ernment mandated price, each farmer's revenues increase by $50,000.The lobbying cost per farmer for each $.05 increment in price support is increasing, as illustrated in the table below, be..
Explain why equilibrium of supply and demand is desirable. Explain the following concepts using the concept of consumer and producer surplus.
Two routes are under consideration for a new interstate highway segment. The long route would be 25 kilometers and would have an initial cost of $21 million.
Examine the various effects of an export subsidy for a small exporting nation and what is meant by currency devaluation by a country? Explain how a country's currency devaluation could improve its balance of trade.
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