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Question: Chinese Currency Manipulation: Manufacturers in the US want China to increase the value of the yuan. They say China undervalues their currency making their products cheap, thus undercutting American business. Some believe that this is why Americans are losing jobs. Wal-Mart and other companies believe it is a good thing because it keeps prices low for the products they sells. Discuss whether low yuan value is good for the US because of low prices or if it is costing too many Americans their jobs. You will want to do some research on the subject of currency manipulation for additional information to debate this topic.
the widget industry in anytown is a monopoly controlled by widget corp. its demand curve for the local market is given
Calculate the chi-square statistic and degrees of freedom for the following set of data for 300 people
Some commentators have argued that the failure of the “Super committee” is good thing for the economy? Do you agree?
A production lot of 25 units required 103.6 hours of effort. Accounting records show that first unit took seven hours. What was the learning rate?
What is "Elasticity?" Identify products which have an elastic demand. Identify products which have an inelastic demand. Identify products with a unitarily elastic demand. Explain what this means for all three.
Differentiating Between Market Structures in Kudler - Differentiating Between Market Structures in an Organization of Your Choice
Suppose you want to go out for dinner. What are your fundamental objectives? Create a fundamental-objectives hierarchy.
How is MP in the second graph related to TP in the top graph? Explain briefly and show the connection on the graph and In what units is MP measured
A firm is focal point for a set of contracts. Explain the problems that (1) agency relationships, (2) asymmetric information, and (3) adverse selection can introduce to building a successful contract between two people.
Now suppose the public good technology has constant returns to scale, at a rate of two units of the private good per unit of the public good. What is the Walrasian equilibrium price ratio? Are the Walrasian allocations Pareto efficient? Explain
Assume the total cost of a firm is given by TC(L, K, R) = 2L2 +3K2 +4R2 +3LK +5LR+6KR-35L -39K -53R+54 where L, K, and R are the units of labor, capital and the raw materials (all in 1000 units) used in production. Find the combination of labor, c..
Suppose that the cost of eradicating polio from a society of 1,000 persons is $5 per person. Also suppose that only two persons in that society will benefit from that policy, and the benefit to each of those persons is $2,000. Then what is the social..
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