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what does the factor-price equalization theorem postulate what is its relationship to the international mobility of
a draw a figure similar to figure 51 showing factor-intensity reversalb with reference to your figure explain how
a explain how more recent research tried to verify the h-o modelb explain the results of these more recent empirical
what is meant by economies of scale how can they be the basis for international trade what is meant by the new
what is meant by product differentiation why does this result in imperfect competition how can international trade be
what is meant by resource-oriented industries market-oriented industries foot loose industries what determines the
what is the empirical relevance of the h-o theory and the new trade theorieswhat is the relationship between
how can international trade take place according to the technological gap model what criticisms are leveled against
revenue effects of a bumper crop your job is to predict the total revenue generated by the nation s corn crop last
projecting transit ridership as a transit planner your job is to predict ridership and total fare revenue suppose the
according to an economic consultant for your firm an increase in price is a win-win situation your total revenue will
supply elasticity and deadweight loss consider the following statement as the price elasticity of supply increases the
excess supply from a minimum milk price in the equilibrium in the powdered milk market the quantity is 100 million
no deadweight loss from rent control like other fruit flies frudo has an expected life span of 37 days according to
price controls for medical care consider a town where the equilibrium price of a doctors visit is 60 and the
gasoline price controls the equilibrium price of gasoline is 3 and the equilibrium quantity is 100 million gallons per
maximum rent on land consider a state where all land is occupied by mobile-home parks and each household rents one
cutting the hotel tax suppose your city initially has a 20-per-night tax on hotel rooms paid in a legal 215 sense by
shifting a housecleaning tax consider a city where poor people clean the houses of rich people initially housecleaning
effects of a higher fish tax in figure 2110 on page 454 suppose the fish tax is 2 per pound of fish instead of 1 draw a
eliminate the mango market draw a supplydemand graph depicting a situation in which banning mango imports drives the
bidding for a boston taxi medallion in 1997 there were 1500 taxi medallions in the city of boston and each medallion
equilibrium and surplus in a liver market the following table shows different points on the linear supply curve and
utility-maximizing rides and games suppose the price of amusement rides is 2 and the price of a video arcade game is 1
choosing a protein beverage consider a consumer who must choose between two protein drinks a and b the following table