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1. https://www.youtube.com/watch?v=BHBXcqGUZdk
In "Cloudy With A Chance Of Meatballs," a teenage scientist named Flint Lockwood invents Flint Lockwood's Diatonic Super Mutating Dynamic Food Replicator (or the FLDSMDFR). The foods created by the FLDSMDFR have properties associated with a public good. Why might the "raining food" generated by Flint Lockwood's Diatonic Super Mutating Dynamic Food Replicator (or the FLDSMDFR) be considered a public good? How do you distinguish between "raining food" and a "Big Mac?"
2. Watch videos, why is understanding Real GDP necessary for measuring Economic Growth? Explain. Be sure to define your terms. Why not Nominal GDP? It seems more tangible to me. What say you?
https://youtu.be/29S7FzI7s7g and https://www.youtube.com/watch?v=HfCEHYukiPw
3. When externalities (costs or benefits of a market activity borne by a third party) are present, what will happen to the market's capacity to produce the right mix of output? You may choose a different path, if you wish. What are other examples of market failure and/or government failure. Please use the definitions from text and course.
https://www.youtube.com/watch?v=ExWfh6sGyso
As a manager of a firm you find the marginal cost of the firm to be $10 and the fixed cost $100. For the range of prices that you are planning to charge, own price elasticity of demand is believed to be –1.25. Compute the optimal (profit maximizing) ..
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The international labor organization (ILO) proposes that some labor standarts are basic rights. Which of the following is NOT deemed to be part of the basic rights ? According to Paul Krugman, Ricardo Ho theories, and the consequent free trade polici..
Suppose the Council of Economic Advisors (CEA) hired you as an Economist (Economic consultant). The head of the council tells that she believes the current unemployment rate of 9% is too high. They would like to increase real aggregate output (RGDP).
he columbia company manufactures a battery-powered saw. due to increased demand during the past few years columbia has
Research this issue and write a brief memorandum
How would your answers to part c above change, if you could still use a TPT strategy but you could not discriminate between the customers?
1. what determines whether a financial asset is included in the m1 money supply? why are interest-earning checkable
The size of the labor force. The number classified as "not in the labor force." The unemployment rate.
A firm deciding how many workers it should hire to manufacture kitchen countertops using existing equipment is making a:
Linux administrator performs. Take this opportunity to describe the classes of administrative tasks and how they apply to the Linux environment. Adhere to MLA formatting and reference guidelines
Using aggregate demand, short run aggregate supply, and long run aggregate supply curves, describe the process through which each government policies will move economy from one long run macroeconomic equilibruium to another.
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