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Illustrate a production possibilities curve between health and all other goods. Insert a point in the drawing that illustrates an economy with an inefficient health system.
Assume there is a temporary but significant increase in oil prices in an economy with an upward-sloping Short-Run Aggregate Supply (SRAS) curve.
Explain what factors caused American business to develop into a mixed economic system rather than some other type of economic system?
Describe how a regulator can reduce the deadweight loss associated with monopoly by setting a price cap in the market. Demonstrate what the ideal level of this price cap is, and the resulting ineffi
Discuss what would the union's wage and hours demands be? Since the UCD staffs are unionized, the situation is more likely one of bilateral monopoly.
Graph the two reaction functions, and identify the Cournot equilibrium market price as well as the quantities supplied by each firm.
Suppose that the dairy industry is initially in a completely competitive equilibrium. Suppose that, in the long run, the technology is such that average cost is constant at all levels of output.
The IMF's one-size-fits-all type of approach to macroeconomic policy is inappropriate for many countries. This point was stressed in the Turkey's 18th IMF Program. What do you think? Is it right?
In what ways have these problems affected employees and individuals? In what ways have the problems caused by the recent economic crisis affected business firms?
Exchange rate movements are difficult to calculate and yet their movements can have a most important impact on the competitive position of business.
Does the cross-price elasticity provide enough information to calculate whether the product and good X are complements or substitutes?
Mary's budget constraint is given by Px=$5, Py=$2 and Px X + PyY = 60. Assume the Mary's utility function is given by the equation U=XY, where U is the level of utility determined in the utile and X
Assume that, initially, the Michigan economy is in equilibrium with no unemployment. The demand for workers is ED = 16,500,000 - 300w and the supply of workers is ES = -1,000,000 + 200w, where w = a
What might you expect to happen to real GDP (real output) and inflation rate if there is a decline in the money growth? Is everybody worse-off when IRs rise?
Explain what factors might cause this change in aggregate demand? Determine the new level of real output and the equilibrium price level?
Investment is $2 trillion, consumption is $6 trillion and the government purchases are $2.5 trillion. The country exports $1 trillion and imports $1.5 trillion. Identify the net exports and
Explain why don't more U.S. firms move to Mexico to take advantage of low wages there? Would an identical plant in Mexico be as productive as its U.S. counterpart?
Calculate the three limitations to traditional cost risk analysis. Describe how qualitative and quantitative data collections are different.
Determine the expected profit rate. Demonstrate the whole work. This firm would be willing to make this investment provided the interest rate is lower than what?
Find out the key factors that should contribute to the organization's development based on your proposed organizational philosophy.
Explain what information would you use to make the predictions about the economic demands and feasible settlement for a particular union-management negotiation?
Explain why do you think the attitudes and bargaining behaviors of the participants in the collective bargaining negotiations are more or less important in the final outcome than the economic condi
Describe the challenges in measuring the consumer surplus of a free product like major online applications, such as Google Search and Facebook.
An investor buys a 3.5% 20-year bond with a face value of $10000 for $10414.22. How much is the present value of the purchase at an ROI of 3.69% per year compounded semiannually if the purc
An investor buys a 3% 20-year bond with a face value of $1000 for $1088. After receiving the semiannual dividend payments for 11 years, the investor decides to sell it.