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Why are market structures so important?
What policies make sense to you with regard to the U.S. wheat or corn markets?
What about the automobile or airplane markets? Why do you (we hope!) choose different policies for each
What about new inventions, such as computers, antibiotics, or toothpastes? Is some sort of regulation needed here too?
If not, why not?
Do you think that government spending is inherently waste-prone, if not necessarily wasteful? Can wasteful spending also be stimulative? Do the same considerations- and the same responses-apply to corporate spending? How does one measure "waste"?
What would invalidate the idea that government spending is a proper and useful policy for a capitalist economy? What would validate it? Does the impact of World War II on the economy provide such a test? Why or why not?
What are the facotrs involved? What were the circumstances? How was the dilemma handled? What were the consequences?
Suppose that Colombia can produce 1,000 pounds of coffee in one day or produce 200 pounds of bananas in one day. In addition, suppose that Ecuador can produce 300 pounds of coffee in one day or produce 100 pounds of bananas in one day.
Why might the tax multiplier be smaller than the expenditure multiplier? Under what circumstances might the reverse be true?
The production processes are interchangeable, and production can be adjusted depending on market conditions. The demand for both products is highly elastic in terms of price elasticity, and customers perceive the two products as close substitutes f..
Discuss the model or economic theory that relates to the issue presented in the news article. Discuss what economic theory states and predicts about the issue presented in the news article.
The best computer company just developed a new computer chip on which it immediately requires a patent - draw a diagram that shows the consumer surplus, producer surplus and total surplus
An airline company as a ticket operations manager at an airport.
Suppose that population standard deviation is 0.56 (instead of 0.45), without doing calculations explain whether a 95% condence interval for the population mean would be wider than, narrower than, or the same widt
1. of u.s. firms with less than 500 employeesnbsp less than 25 export less than 40 export less than 5 export over 50
The owner-manager of Good Guys Enterprises obtains utility from income and from having the firms behave in a socially conscious manner such as making charitable contributions or civic expenditures.
evaluate each of the following proposals to address global warming. consider for each the equity issues whether the
suppose the equilibrium price in the market is 10 and the price elasticity of demand for the linear demand function at
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