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You go to the movies one evening instead of doing your economics assignment and practice test. You get 70 percent on your next economics exam compared with the 85 percent that you normally score. What is the opportunity cost of going to the movies?\
Calculate the point cross price elasticity of demand with respect to the price of competing television sets (P C ) at the values represented in question six and calculate the point income elasticity of demand for HD televisions at the values represen..
a. the food and drug administration classifies tobacco an addictive substance.b. the congress votes to raise the excise
compare menas socio-economic and political structures with those prevailing in other regions of the world during the
The Milwaukee Brewers are playing their archrival Chicago Cubs.Bleacher tickets for the game were sold out and many fans would have attend if tickets were availiable.
Suppose in 2008 a Census Bureau report indicated that over 62 percent of the U.S. population is covered by employer-sponsored health insurance plans.
What are your recommendations to the current administration considering the state of the economy and the level of national debt? What are the implications of your recommended course of action?
a recent flood in the midwest has destroyed much of the farmland that lies in fertile regions near the rivers. describe
what are the advantages and disadvantages of using import-substitution to accomplish industrialization rather than
suppose that the capital machines in a particular plant is fixed in the short run and is equal to k 2. thus the only
the theory of market failure prescribes government intervention in the form of a tax on producers when negative
Assume you own the remodeling company. You're currently earning short-run profits. The home remodeling industry is an increasing cost industry. In the long run, what do you expect will happen to:
There are 100 dog kennels in Atlanta. An economist studying the pricing behavior of dog kennels tells you that she is limiting her analysis to a time period that does not allow for any new dog kennels to enter the industry or for any established d..
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