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Is the demand for ammunition elastic, inelastic, or unit elastic? What determinants of elasticity do you think apply? What would the slope of the ammunition demand curve be; strep, shallow? Do you think this is an issue that needs government attention?
Internet domain names are linked to trademark issues. Technology makes it easy to copy and distribute music and movies without paying royalties. Business conducted on the internet raise security and privacy issues. What legal concerns are raised b..
Consider a particular genetic disease affects 3% of adults in the U.S. population. Fortunately, there is a genetic test for the gene that causes the disease. The test is 98% accurate; that is, 98% of the people who take the test get the correct..
Calculate the marginal revenue product given this information and how many real estate agents will the manger hire if the wage rate is $32,000? Why?
A problem of interest to health officials (and others) is to determine the effects of smok- ing during pregnancy on infant health. One measure of infant health is birth weight; a birth weight that is too low can put an infant at risk for contracti..
If the government announces a big tax cut, which of the following combinations of events would be most likely to occur? An upward shift of the aggregate expenditure line (Keynesian AD), a rightward shift in the money demand curve, and a rightward shi..
The chain store paradox of an incumbent who accommodates a finite stream of potential entrants threatening to enter sequentially numerous markets illustrates
write the rule of 70. suppose that your great-great-grandmother put 50 in a savings account 100 years ago and the
Formulate the problem as an IP problem to minimize handling cost, and then solve it in Solver.
Specific example of a policy or regulation that has helped economic activity - economist who was tasked with evaluating this policy or regulation, what are some ideas you would suggest for changing it in a way that would achieve the same goal but n..
If the price of graham crackers is $2.50 should firms raise or lower their prices if they want to increase revenue?
1 if we held an economic airing of grievances in the seinfeld-inspired festivus tradition the bank of canada would
What is a government budget deficit How does a federal budget deficit affect the economy Howdoes it affect the level of investment and interest rates How doesit affect the individual consumer
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