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Explain why are organized crime and terror groups are converging?
Elucidate the marginal cost of a string. Compute marginal revenue and marginal cost for each quantity.
Explain the role of risk and uncertainity in an analysis of the economic behavior of peasant farmers. What kinds of questions does this analysis enable us to an
What is the difference between judicial restraint and judicial activism?
How might you explain this in terms of broad historical developments during this period?
Explain why this is the case. Then, explain how these clubs should set their usage fee and access charge in order to maximize profit.
Government owns the means of production in a socialist economy while individuals own the means of production in a capitalist economy. The government allocates jobs in a socialist economy while individuals determine employment in a capitalist economy...
What is the third world debt crises that was primarily attributed to the recycling of Petro dollars in 1970s and 1980s by International Banks in financing the development process of a several developing countries in Asia, Sub-Saharan Africa and Latin..
What is comparative Advantage? What role does it play in international trade? Name and explain two sources of U.S. comparative advantage. What effect does currency depreciation / appreciation have on a appreciation have on a coconut export trade. Def..
Explain how the introduction of distance learning technology can be expected to affect the elasticity of demand for college professors.
Assume consumer equilibrium (budget curve and indifference curves). Draw 3 separate scenarios: (1) the price of good x decreases; (2) the price of good y increases; and (3) the budget (income increases). In each scenario, explain the effect on the gr..
Discuss how each of the following will affect the market clearing price and quantity in each market. Discuss how the supply and/or demand curves will shift in the following cases (if at all). Incomes rise and the good is a normal good. The state of t..
A portfolio consists of two assets A and B. Their respective mean returns are E(RA) = 15% and E(RB) = 10%. Their variances are σ 2 A = 81 and σ 2 B = 49. Sixty per cent of the portfolio consist of asset A. (a) Assuming Cov(RA, RB) = −50, calculate th..
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