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Question: If immigrants are self-selected for high ability and tend to marry similar race individuals in the destination country-marriage homogamy-would black income/wealth have been higher today if there were no constraints on black immigration during 1810 - 1850? Explain why or why not. (In 3 Paragraphs)
Critically analyze the pros and cons of putting a price ceiling on prescription medicine. What about its decisions to conduct further research into new drugs?
Using the draw tools in Word, show what happened to the demand for housing by drawing the demand for housing in 2005, 2006, and 2009. Explain what caused demand to change over this period.
discuss the following situation a from the strictly legal viewpoint b from a moral and ethical viewpoint and c from the
Explain possible pitfalls for such strategy from GEH's perspective.
Consider a firm in a perfectly competitive industry with the following cost structure: VC (Q) = 10 Q2 + 50 Q, FC = 4000 and MC (Q) = 50 + 20 Q. If the market price is Pm = 40, in the short-run this firm will produce
In your first paragraph, reflect on what you know and expect of presidential inaugurations. What is the purpose of an inauguration ceremony, beyond just "swearing in a new president"? How does an inauguration connect to our sense of identity as Ameri..
Determine the implications for each of the computed elasticities for the business in terms of short-term and long-term pricing strategies.
In the case of a natural monopoly where cost conditions lead to a sole supplier, regulation is used to ensure that, The lorenz curve cannot be used to show
An economist claims, based on an econometric study, that high profit in a certain industry are explained by that industry’s high Herfindahl-Hirschman Index (HHI). If you felt, based on your knowledge of the industry, that this claim were untrue, what..
Describe as way someone could use the concept of opportunity costs - What is diminishing marginal utility and how does it relate in someone personal life.
suppose that a water utility has a simple volumetric pricing structure and charges 800af for water service-a price that
Price discrimination occurs when a.the supply of the product is elastic b.a product's average cost is greater than its average revenue c.a product's average cost is less than its average revenue d.differences in a product's price reflect differences ..
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