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Why is the work ethic important to a system privatization?
How are glasnost and perestroika related to free enterprise?
How did the focus on light industry benefit consumers?
How did economic growth in china's special economic growth in the interior regions?
Denote outcomes in mugs and money by c1 and c2, respectively, and reference points in the two dimensions by r1 and r2, respectively.
His week's forum question deals with Drones which have had an exponential growth from amusements to functional equipment used by government
Assume an economy in which the level of tehnology and the stock of capital are fixed. If there is a sudden increase in the labor force due to immigration, how would the standard of living be affected? Would a difference if the increase in the labor f..
In a perfectly competitive industry, the price of good A is $2. If a firm in this inudustry decides to increase its price to $2.50, it will:
The demand for good X has been estimated by Q xd = 12 - 3Px + 4Py. Suppose that good X sells at $2 per unit and good Y sells for $1 per unit. Calculate the own price elasticity.
How economists are both scientists and policymakers and what principles society uses to allocate its scarce resources and Using the circular flow model, explain the flow of money and goods in an economy
If the goal of the firm is both short- and long-run profit maximization, Discuss goals a firm might have which seem to not agree with profit maximization. are these goals consistent with profit maximization?why or why not?
Positions on whether the Constitution should be amended to require a balanced budget reflect opposing views about whether such an amendment would be an appropriate solution to the problem of persistent federal deficits and growing federal debt. Shoul..
The 30 minute-year mortgage on a $20,000 house that carries a 3% annual interest rate. What is the equivalent monthly interest rate (show in percentages with two decimals) What is the monthly payment on the mortgage?
Suppose Firm X is a monopolist and is receiving positive economic profits. Illustrate what prevents other firms from directly competing away the profits.
Markets can give a buyer everything a buyer needs to know about a product even though the buyer does not have the training to understand the specific knowledge needed to build or distribute the product.
Use Porter’s five forces model to analyze the competitive environment of a country of your choice (pick a product category that you are familiar with). How does a market orientation explain entry into that market? A resource-based view? Why are both ..
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