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If a minimum wage were imposed below the competitive equilibrium what would we expect to observe in the effected labor markets?
assignment on consumer equilibrium
What are the basic questions to be answered by economic institution? Four fundamental questions should be answered by any economic institution as: a. What goods and services
how does the charging the monoply a specific tax per unit affect the monopoly optmum and 5the welfare of consumer
using the tools of an indifference curve and isoquent, highlight on consumption and production in business economics.
What are the various forms of aid a developing country might receive? Here the student must show clearly the difference between grant (donor) aid; reciprocal (tied) aid; bilat
What are the two types of government cash transfer programs in the U.S., used to help households achieve income security? Provide examples of each. The two kinds of government
critically analysis firm theory of profit maximization?
Why might economic growth not be compatible with sustainable development? Define economic growth; enhance in national income during a time period. Explain sustainable developme
what are the properties of cost function
How might governments lower the natural rate of unemployment? An easy way to organise the answer is to separate possible solutions into two broad groups; interventionist and m
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