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Why do economists consider subsidies (payments to firms) a better way to lower prices than imposing a price ceiling?
Your company is bidding on a system design project. It is your job to design the system architecture. How will you balance the need for scalability against the need to keep costs as low as possible to win the bid?
Illustrate what new decisions will you make regarding production levels also pricing for your Widget facility.
Consider the method of calculating the present value of a college education, shown in the spreadsheet in the spreadsheet linked to in the Course Content slides. How would you change the calculation to make it more realistic, or more applicable to you..
Inflation is always and everywhere a monetary phenomenon in the sense that it is and can be produced only by a more rapid increase in the quantity of money than in output. Can businesses be an important cause of inflation or is it a pure monetary eff..
bavarian crystal works designs moreover manufactures lead crystal wine decanters for export to international
If the average adult produces @20,000 of output per year, how much global output is lost as a result of adult deaths from secondhand smoke?
Draw a graph that illustrates the average total cost, average variable cost, average fixed cost and marginal cost curves for a firm. List any assumptions you have made in constructing this graph.
In which of the following industries would you expect price collusion to be easier to maintain: mobile telephone service or fast food? Use the factors affecting ease or difficulty of effective collusion to justify your answer.
How does the AS during short run slopes? Draw AS curve in the long run. Explain the slope of the AS curve in the long run. What are the causes for the changes in AS (Shift)? What is Equilibrium in AD and AS. What happens if AD increases above equilib..
Suppose you were worried that national income did not adequately take into account the depletion of the stock of fish in the economy. Describe how you would advise the Commerce Department to take this into account in their calculation. Make up fictio..
What is the major focus of each of the following bank management concerns: asset management, liability management, liquidity management, and capital adequacy management?
Suppose the equilibrium price and quantity is established and that that tax is imposed which shifts the supply curve but also changes its slope. Explain how this effects consumers and producers. does slope become flatter or steeper?
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