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What is Michelle's opportunity cost of producing potatoes?What is Michelle's opportunity cost of producing chickens?
Discuss the "Law of diminishing returns " as it relates to Consumer Behavior. Show a table " schedule " that demonstrates. B) additionally
Describe the major transition from the "Classical Economics" viewpoint of the "labor theory of value" to the "marginalist/neoclassical" view
Indicate the quantity of GDP that will be produced during the period.Is it a long-run equilibrium level of GDP? Why or why not?
Develop a list of the advantages of living in a capitalist society. Then develop lists headed "What are the disadvantages?"
What is the theory of efficiency wages? Provide four reasons that employers might pay efficiency
List and explain the three principles of how people interact. Provide specific examples from your experience to illustrate each principle.
Describe Coase's theory of the firm.How is the model of corporate finance developed in the second part
Define scarcity and Opportunity cost. How are these economic concepts related? What role do they play in the making of managerial decisions?
Name two types of market failure and provide specific examples. Explain why each may cause the market outcomes to be inefficient.
What is the meaning of economics of scope? How do they differ from economics of scale? Please provide examples in your discussion.
What impact would a change that shifts an economy's production possibilities curve outward have on the long run aggregate supply curve
Is GDP a good measure of economic well-being? Why or why not?.What causes inflation? Discuss the impact of inflation on American families.
Review the enabling technologies that support the growth of Virtual Teams. Identify the key behavioral problems
List the factors that might influence a country's exports, imports, and trade balance.
Come up with an example of how your life is being affected by micro/macro economics right now as a student/worker.
Are socially responsible companies economically successful? In other words does it pay to be socially be responsible? Why or why not?
Determine the ethical implications of businesses polluting in a third world country. Explain your rationale.
What is the difference between supply-side and demand-side economics? How do the above concepts fit into these definitions
What is the difference between nominal and real GDP?What is the largest component of GDP?
Choose a developing country, and discuss its economic growth in the last 2-3 years. Include the following information:
Changes in the federal funds rate trigger a chain of events that affect the following:Other short-term interest rates
Discuss the reasons for social networking's phenomenal growth. Is this growth likely to continue?
What two policies could you use to reduce the total amount of emissions?Why do you think they each would work?
What are the required reserves of People's National Bank? Does the bank have any excess reserves?