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Steel Industry Does an About-Face
1. Who will gain and who will lose as a result of the higher taxes on steel imports?
2. Why was the steel industry at one time in favor of free trade?
3. Do you think that the steel industry should get more protection from imports? Why or why not?
Compute the opportunity cost of an increase in the number of hours spent studying in order to earn a 3.0 GPA rather than a 2.0 GPA. Find out opportunity cost of an increase in income from $100 to $150.00
you will apply important microeconomics concepts toward the competitive strategies of an organization that operates in
Consider the two banks and their balance sheets below. For each bank, calculate its return on equity (ROE) and leverage ratio. Bank A has net profit after taxes of $1.8 million and the balance sheet below:
Consider the competitive market served by many domestic and foreign firms. The domestic demand for such firm's product is Qd=500-1.5P. The supply function of domestic firms is Qsd=50+.5P, while that of the foreign firms is Qsf=250.
Imagine a society that reduces military good and customer goods, which we will call “butter” and “guns”. Draw a production possibilities frontier for butter and guns. Using the concept of opportunity cost, describe why it most likely has a bowed-out-..
For a range of interest rates from 5% to 25% would your advice concerning whether to proceed with the project change?
International data show a positive correlation between income per person and the health of the population. How might the relative importance of two hypotheses be relevant for public policy
apple outsources production of iphones ipads and other electronic devices to contract manufacturer foxconn with 800000
consider two firms facing the market demand curve p 100 - q where p is in unit q is total output q q1 q2 q1 is the
Are unions good or bad for the economy How do unions at GM and Ford affect employment levels and wages How do unions affect other industries in terms of employment and wage levels
consider a market where demand is p10-2q and supply is pq2. there is a consumption positive externality of 2.50unit of
A busy attorney regularly works out with the help of a trainer at the local gym. She pays $400 per month directly to the trainer for this service. Over time, the two fell in love and got married.
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