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What are the factors that contribute to why certain countries have a larger gender pay gap than others?
Suppose that on Euro can be exchanged for 1.3 U.S. dollars and that one U.S. dollar can be exchanged for 80 Japanese yen. If these currencies can be traded freely with low transaction costs, what exchange rate would you expect between the Euro and Ja..
Let a firm's total cost be TC=800+8q+8q^2, its marginal cost is then given by MC=8+16q a) Derive an expression for the firm's average cost function B) Find the range of production characterized by economies of scale c)Do you think that economies of s..
To what extent in life can people make choices to suit us and our own good? Or does the government and big business control us, de facto, or not, (and to what extent)?
What action(s) should government take to correct shortage or non-competitive elements in this industry to improve efficiency and social welfare?
The following data concern a new product to be launched by ABC Inc. Estimate the selling price per unit.
If the money demand and money supply curves shift leftward, we can conclude that the equilibrium:
Does the use of Non-Military Organizations/Agencies enhance or degrade the Nation's War on Terror?
The dancing machine industry is a duopoly. The two firms, Chuckie B corp and Gene Gene Dancing Machines, compete through Cournot quantity-setting competition. The demand curve for the industry is P = 120-Q, where Q is the total quantity produced by C..
Why do economists tend to react in a hostile fashion to prposals for quotas, or for price ceilings and price floors? Recall and describe case(s) in which such interferences with the market equilibrium and preferable to the alternative, and explain wh..
a. On a graph of the market for low skilled labor, show the effect of the minimum wage on the quanitity of labor employed. b. Explain the effects of the minimum wage on the workers surplus, the firms surplus and the efficiency of the market for low..
The political business cycle implies all of the following EXCEPT that:
State your opinion on US congresses recent tax cuts, specifically Congress passed a bill to cut tax before 2018. Elaborate on your opinion and support
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