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Question 1. Read the short explanation of the 4 basic types of economies. Research two of these types further.
Question 2. Locate one journal article for each of your two chosen economic types and summarize these journal articles into 300 words. You need to focus on the Abstract, Introduction, Results, and Conclusion.
Please use your own words. No copy-and-paste. Cite your sources.
What does the Apple experience tell us about risks associated with strategic alliances or the risks associated with not pursuing strategic alliances?
Discuss the advantages and disadvantages of the different methods for measuring the nonmarket value of environmental amenities in the context of valuing.
Now consider the long run, in which bike manufacturers are free to enter and exit the market. Show the possible effect of this free entry and exit by shifting the demand curve for a typical individual producer of bikes on the following graph
Consider a community consisting `of five fishers denoted by i, ii, iii, iv, and v. The marginal benefit for each fisher depends on the size of the lighthouse G.
What are some examples of effective control practices and how do they help address budgetary challenges?
Calculate the linear demand schedule
How much time should be spent studying for each class? That is, maximize GPA by determining E* and U* subject to the 12 hour study time constraint. Did this allocation of study time maximize or minimize your GPA?
A market failure occurs when the supply of good or service is insufficient to meet demand. This results in an inefficient distribution of resources among market
Web Exercise Home heating accounts for approximately one-third of energy consumption in a typical U.S. household.
In your expert opinion as an economist, do natural disasters create jobs? Why or why not? Use the concept of the Shadow Wage in your answer.
At a recent meeting, the president and the CEO of Production, Inc. got into a heated argument about whether or not to shut down the company's plant in Flint, Michigan. The plant currently loses $50,000/month. The president of Production, Inc. argu..
Suppose a persona quits a job paying $40,000 per year and starts a business with $100,000 withdrawn from a money-market account earning 8 percent per year.
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