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Explain whether horizontal or vertical boundaries have been changed, and whether they were extended or shrunk. Following the September 11, 2001 attacks, the U.S. government established the Departmen
Suppose you are the Customer Service Manager for a US manufacturer and have fielded a phone call from the Japanese Distributor of your products in Japan.
Identify an article (magazine, newspaper, or online) talking about any of the core issues or scarcity resources of economics. Use an article to answer the questions:
Determine the cost of regular unleaded fuel in your town? Calculate some contributing demand and supply factors to the differences in fuel prices around the country?
Discuss how large is the economy of India? The exchange rate in 2010 was 45.7 rupees per dollar. Indian GDP in 2010 was 78.9 trillion rupees, while U.S. GDP was $14.5 trillion.
Describe the profit function for the company that is at an equilibrium position if we know ,that the price will be at the level of marginal cost for this pure competitive market.
Determine the relationship among a country's political/economic environment and risk? What about corruption? Provide examples to support your post.
Compute the compitieve equilibrium price and quantity. Illustrate a draft of supply and demand curves. Discuss the total value created in the market for swimming suits, if total value is in this mar
Evaluate the total cost, revenue approach to a profit maximization problem. Make a conclusion for the level of profit in the long run. Demonstrate the main condition of the profits maximization gra
Describe basic features of a purely competitive market for a pure competitive industry in do A that has consist of a large number of independent firm producing a standardized product.
Does society have an obligation to come to the aid of entrepreneurs who try but fail? Why or why not? The risk of failure is an inherent part of free enterprise. Also, discuss some ways you can min
Discuss the relationships between the Discount Rate, Prime Rate, the Fed Funds Rate, and the Treasury Bill Rate. Describe how each relates to monetary policy.
What motivated the producers of all the individual products in the store to make them and offer them for sale? Discuss how did the producers decide on the best combinations of resources to use? Who
Can you describe the practice of scalping tickets for major sporting events in terms of market shortages? How else might tickets be distributed?
Assume that each worker in the Home country can form the three cars or two TVs. Assume that Home has four workers.
Explain which country has an absolute advantage in the production of bicycles? Discuss which country has an absolute advantage in the production of snowboards?
Does the market for shared workspace likely possess characteristics of a perfectly competitive market? Explain. Recently, competitors of Plug and Play have been opening their own shared- workspace c
Discuss how much output should the firm produce in the short run? 2. Determine what price should the firm charge in the short run?
Find out some of the benefits and some of the costs to the host country from allowing a multinational corporation to locate in a country with a developing economy.
Explain some of the challenges associated with an economy transitioning from socialism to capitalism. The movement in the direction of a market-based system with freely determined prices, competiti
The inverse demand function in a market is given by P = 15 - Q , where P is price and Q is the aggregate quantity produced. The market has three identical firms with marginal and average costs of 3.
The state of NJ recently passed an increase in the minimum wage, discuss how will this impact wages and the quantity of labor?
Discuss how the revised expected future exchange rate influences the demand for U. S. dollars, or the supply of U. S. dollars, or both in the foreign exchange market.
Estimate this statement and explain why the Fed's primary policy goal is price stability. Unemployment is a more serious economic problem than inflation and it should be the focus of the Fed's mone
Charlie likes both bananas and apples. He consumes nothing else. Charlie consumes x1 bushels of apples per year and x2 bushels of bananas per year. Assume that Charlie's preference is represented in