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suppose that wal-world and tarbo are independently deciding whether to implement a new bar code technology it is less costly for their suppliers to
suppose a single parent can work up to 16 hours per day at a wage rate of 1000 per hour various income maintenance programs have been developed to
advocates of higher salaries for teachers point out that most teachers have college degrees and that teaching children is an important joba why arent
you are an economic consultant to a city that just imposed a payroll tax of 1 per hour of work this payroll tax is paid by workers through a payroll
durable goods pricing consider the example discussed in class the monopoly sells two units of goods over two periods the costs are zero consumer a
use the following to answer questions 1-4gross private domestic investment 46exports of the us 9disposable income 190personal saving 10government
matt and johnny both purchase pop and chips at the same convenience store they have different tastes for pop and chips so matt buys 3 cans of pop and
1 economic analysis that takes into consideration linkages between markets is called a partial equilibrium anaylysis b input output analysis c
find the yield to maturity of the following securitiesa a security paying 1000 in one year for which you pay 926 today b a security paying 80 0ne
short run profit maximization a monopolistically competitive firm faces the following demand and cost structure in the short runoutput price fc vc tc
consider the case of two countries that start with equal levels of gdp the growth rate of the first country is 3 while the growth rate of the second
periodically you hear of garbage strikes is garbage pickup a public good does garbage create externalities what should be done about it why does
suppose that in a competitive market for electric power demanded for power is given by the equation p600-q and supply is given by the equation p160q
evaluate the following statement i am a manager in a governmental agency i have no control over compensation policy all workers are paid the same
the demand schedule or demand function or curve for a good shows the total quantities q that buyers are willing and able to buy at various prices p
according to the wall street journal merger and acquisition activity in the first quarter of 2004 rose to 53 billion - an investment level not seen
irvine aerospace of santa ana california was awarded a 5 year contract to develop an advanced space capsule airbag landing attenuation system for
a professors rule of thumb is that students should spend 2 hours studying for each 1 hour spent in class professor bob teaches a class that meets 3
starting salaries of economics majors have a mean of 47000year with a standard deviation of 8000 what is the probability that a random sample of 100
discuss how opportunity costs relate to japans cleanup efforts after the devastating earthquaketsunami of march 2011 begin the discussion by defining
1differentiate between a price ceiling and a price floor your answer should include the intentions and actions of buyers and sellers under both
the data contained in the following table shows the tradeoffs that occur in an economy that produces only two types of products agricultural and
consider a student who has finished her undergraduate degree and is considering pursuing an mba as a full-time student the cost of the 2-year mba
suppose the microchip producer faces demand and cost equations given by q 85 - 05p and c 100 38q choosing to treat price as its main decision