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Your richrelative died and left you $100,000, which you decided to use for your own Internet business.
What will be your fixed and variable costs? Briefly discuss.
As a farmer, you must decide how many times during the year to plant a new crop. Also, you must decide how far apart to space the plants.
Will diminishing returns to be a factor in your decision making? Briefly discuss.
How does having a menu that is uniform around the country provide McDonald's with economies of scale? Briefly discuss.
Suppose a new deposit to the US banking system of $1000. Assume that all commercial banks have a target reserve ratio of 10 percent and there is no cash drain.
Identify whether the subsiquent issues are macroeconomic or microeconomic and explain why you categorized them in that way.
What are the effects of an appreciating/depreciating exchange rate on the balance of payments? exchange rate on the balance of payments.
If it will cost us approximately $0.75/bottle to supply more Coke to our consumer what should we do if our goal is to maximize profit.
The supply curve S1 and the demand curve D indicate initial conditions in the market for gasoline. A $.60-per-gallon excise tax on gasoline is levied, which shifts the supply curve from S1 to S2. Which of the following states the actual burden of ..
Illustrate what real rate of return will you earn if the inflation rate.
Elucidate the increasing returns to scale as a basis for international trade. Be sure that you define the relevant concepts, describe important features of such trade, and contrast these features with those of trade due to other causes.
Elucidate which economic concepts, sure as comparative advantage, apply to your firm. Explain how these economic concepts can be used to address the firms's problem and opportunities.
In a simple model of duopoly, two company manufacture the same good, for which each firm charges either a low or a high price. Each firm wants to achieve the highest profits.
Explain is contracting a government service out to some private firm the best way. Does it make economic sense to contract out some government services.
Find out two articles that discuss the local, state, or federal taxation of a good. Describe the effects of taxation and price controls on the economy.
List out also describe the firms in the industry. Discuss the product, production methods, scale of production, and sources for raw materials.
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