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in the long run imports will most likely be paid for witha aexportsb the sale of real and financial assetsc the extension of creditd higher domestic
in general who will benefit as the result of a tariffdomestic producersdomestic consumersthe domestic governmenta i onlyb ii onlyc both i and iiid
the more certain private property rights area the less people need to invest in education or human capital developmentb the less entrepreneurship
please answer the question below relating it to business in todays worldwhat are the major tenents of the ethical theory of utilitarianism and how
from california to new york legislative bodies across the united states are considering eliminating or reducing the surcharges that banks impose on
you are an assistant to a senator who chairs an ad hoc committee on reforming taxes on telecommunication services based on your research atampt has
consider an economy in which george and harriet consume only ale and bread georges utility function is ug agbg- 1 where ag and bg are his
in general economists have found that as nations levels of per capita real gross domestic product gdp increasea the rate of population growth
if population growth is greater than the growth of real output a real per capita gross domestic product gdp growth will be less than the growth of
an increase in growth rates will cause the production possibilities curve toa shift inwardb become steeperc become flatterd shift
a system of private property rightsa enhances economic growth by creating incentives to the fed to maintain stable pricesb enhances economic growth
which of the following is assumed in constructing a typical production possibilities curvea the economy is engaging in international tradeb
if the price of dvd players decreases we can expect that the demand for dvds willa increaseb be unaffectedc shift leftd
a government subsidy to the producers of a producta reduces product supplyb increases product demandc increases product supplyd reduces product
which one of the following statements is correcta most production possibilities curves illustrate decreasing marginal opportunity costsb relative
suppose a can somehow change the game in problem 51 to a new one in which his payoff from up is reduced by 2 producing the following payoff matrixa
abc sports a store that sells various types of sports clothing and other sports items is planning to introduce a new design of arizona diamondbacks
given the above trade between the two countries explain the trade effects on product prices and factor incomes why do these effects
using production possibility frontiers and indifference curves for argentina and brazil illustrate and explain the movement of both countries to the
use the following data for a firms output at various levels of employment l to calculate a its marginal physical product of labor mppl schedule b its
use the following data on a firms total cost schedules to calculate its average variable cost average fixed cost average total cost and marginal cost
a use the arc-approximation formula to calculate the price-elasticity of demand coefficient of a firms product demand between the quantity price
in 2009 abc company made 2m of net profit and spent 100000 on advertisement in 2010 it made 25m of net profit and spent 150000 of advertisement based
suppose that in the united states a car can be produced with 200 labor hours while a ton of rice requires 20 labor hours in japan it takes 150 labor
gasoline insurance depreciation and repairs are all costs of owning a car which of these can be considered opportunity costs in the context of each