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1. According to the Economic Way of Thinking, why does cheaper used textbooks raise enrollment at CSULB?a. Cheaper used textbooks lowers the marginal cost (MC) of attending CSULB.b. Cheaper used textbooks raises the marginal cost (MC) of attending CSULB.c. Cheaper used textbooks lowers the marginal benefit (MB) of attending CSULB.d. Cheaper used textbooks raises the marginal benefit (MB) of attending CSULB.
2. According to the Economic Way of Thinking, why does a high unemployment rate raise enrollment at CSULB?a. High unemployment lowers the marginal cost (MC) of attending CSULB.b. High unemployment raises the marginal cost (MC) of attending CSULB.c. High unemployment lowers the marginal benefit (MB) of attending CSULB.d. High unemployment raises the marginal benefit (MB) of attending CSULB.
Explain briefly the advantages and disadvantages for each tool the Fed can use to manipulate the federal funds rate.
Cartels are a form of anti-cooperative activity. Critically examine the factors that may facilitate the establishment, operation and detection of cartels.
Explain why is it important for a country to calculate their GDP and release this information to the public.
Assume a tax of t=$2 is attached to each unit exchanged in market. calculate the new market equilibrium and the deadweight loss from this change.
Make sure to include some final recommendations and strategic initiatives.
Ricardo believed that the target of economic analysis was to understand the distribution of income between three major classes: capitalists, workers, and landowners.
Theory Galbraiths of consumer demand has an important implication in terms of underallocation of resources to public goods.
Are marketing ethics critical to successful marketing. What do you think marketing ethics is central to building brand loyalty.
You have the following information concerning the production of wheat and cloth in the United States and the United Kingdom:
Determine the basic assumption about the velocity of money transforms the equation of exchange into the quantity theory of money?
Let P = 53-Q be a consumer's long-run demand curve for gasoline, and P= 103-2Q be the consumer's short-run demand curve,
The present spot exchange rate is $1.55/£ and the 3M forward rate is $1.50/£. On the basis of your analysis of the exchange rate.
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