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According to the WTO, China plans to eliminate its import quota on rubber over the next five years. What impact is the import quota reduction likely to have on the price of rubber and the quantity o
Compare and contrast two strategies and explain the disadvantage of the simultaneous lending strategy. Be mindful of the group lending scheme which Grameen Bank adopts.
How does the removal of the tax deduction on mortgage interest affect the housing market? How do other changes in government spending and taxes affect your decision?
What are the differences between productive and allocative efficiency? What conditions must be present for productive and allocative efficiency to be achieved in the 'real' world? How does industry
Explain how a firm's production function is related to its marginal product of labor, how a firm's marginal product of labor is related to the value of its marginal product and how a firm's value of
Plot the average cost, average variable cost and marginal cost on a graph. Suppose the average wholesale price of a wireless phone is currently $50. Should the company enter the market? What would be
What do you think are the changing aspects of the economics of the following industries:
how does it affect consumer surplus, producer suprlus, government revenue, and total surplus? is it a good policy form the standpoint of ecomonic efficency?
The NAV of the Growth American Fund is $11.00 per share but you have to pay front load of 5%. After a year you sell those shares at $10.75. The fund declared a dividend of $.40 and paid $1.65 in ca
Suppose that a monopolistic company faces the consumer demand curve given by P= 10 - q/500. The marginal cost, MC, of producing this product is $2. There are fixed cost, F, = $100. So, the cost cur
Given full-employment output = $2,800, equilibrium output = $2,500, and MPS = 0.25, which of the following changes would most likely bring the economy to a full-employment level of national output?
Allied Box offers mail-order storage containers for fine china producers. The company is the low-cost provider of these boxes with fixed cost of $480,000 per year, plus variable cost of $30.00 for e
Suppose that marginal utility of good A is 4 times the marginal utility of good b, but the price of good a is only 2 times the price of good b. Is this point consumer equalibrium? If not, what will
Explain how the principles of economics affect decison-making, interaction,and the workings of the economy as awhole." I just need a brief summary of about 150 words to answer this question.
Assume that raising the marginal income tax rate raises $200B which could be spent on infrastructure projects. How would we measure the cost of the project to determine whether it is worth undertak
The dollar-euro exchange rates are freely determined in foreign exchange market. Suppose that the Federal Reserve is expected to lower nominal interest rate next month.
Differentiate between rational and adptaive expectations and expalin how two can be used in focusing future economic variables
What is Nordstrom strategy for success in the marketplace? Doe the company rely primarily on a customer intimacy, operational excellence, or product leadership customer value proposition? What evid
Which one of the following is not a shortcoming of the aggregate expenditures model? 199. A shortcoming of the aggregate expenditures model is that it does not:
. What is the maximum net national loss that this could cause Canada? What is the minimum national loss if Canada is a small country that can not affect the world price?
Does the difference in the relative black-white wage ratios across regions indicate that Southern employers discriminated more than Northern employers?
A firm has fixed cost of 2,000.Its short-run production function is y+4X and one-half, where x is the amount of variable factor it uses. The price of the variable factor is $3,000 per unit. Where y
What is the basic objective of monetary policy? What are the major strengths of the monetary policy? Why is monetary policy easier to conduct than fiscal policy in a highly divided national politic
A president who claims to possess a mandate from the American electorate could arguably