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1 in an economy in which resources can move among industries with relative ease a cartel attempting to maximize
1 how does the number of producers in a market affect the chances of forming a workable cartel2 how do the costs
in the 1970s regulatory agencies allowed electric companies to pass on to customers any increases in the cost of their
1 develop a public interest case for the regulation of barbers and beauticians2 if a regulatory agency determines
the economic theory of regulation suggests that firms have an incentive to support protective regulation do workers
1 average real wages have increased steadily over the last 100 years what do you think is the main cause of the
1 how could the minimum wage rate and migrant housing standards be expected to affect the prices of consumer goods
the government requires employers to pay time-and-a-half for labor in excess of forty hours a week how should managers
1 write down all the government-provided services you can think of which of them must be provided by government
what effect does increased competition have on the slope of an individual firms demand curve why how does a change in
given the following production capabilities for cheese and bread which nation will export cheese to the other what
a household allocates its 5000 monthly income to the purchase of necessity and luxury goods the average price of
assume a 5-member household with a monthly income of 6000 this household allocates its income to the purchasing of food
a household splits its 4000 monthly income between necessity and luxury goods the average price of necessities is 30
assume a household with a monthly income of 5000 this household allocates its income to the purchasing of food and
a household allocates its 2000 monthly income to the purchase of three goods prices of these goods are 30 40 and 20 per
classify the following as quantitative or qualitative variablesa genderb brand of soft drinkc race
how would you present the unemployment rate of the white and non-white populations in the last 20 years for 50 states
classify the following as quantitative or qualitative variablesa heightb ethnicityc number of passengers
express the following sets using specificationa set of real numbers between and including -20 and 100b set of real
express the following set using enumerationa set of positive even numbers less than 20b set of prime numbers
the result of the austerity policy is an almost balanced budget unfortunately accompanied by a big decline in the
consider a national income model with the following consumption investment and tax functions c 55 085ydt 20 005yi
assume a closed economy with the following national income model y c i g0c c0 by dt t0 ty i i0 iywhere i0