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What were the main features of the "Reagan Revolution"? Using concrete examples, explain the main consequesnces for class dynamics that resulted from it.
What policies would you recommend to improve economic outcomes in the short run and the long run?
Explain why the cost structure associated with many kinds of information goods and services might imply a market supplied
What factors influence the demand for this product? What factors influence the supply of this product?
What is an opportunity cost? How does the idea relate to the definition of economics? Which of the following decisions would entail the greater opportunity cost
Calculating marginal products can be challenging. Here is one way to do it without using calculus.
A television station is considering the sale of promotional DVDs. It can have the DVDs produced by one of two suppliers.
Compare the outcomes of a competitive firm and a monopolist (i.e., price, output, profit potential and any social costs).
How would you estimate the additional dollar cost of each additional salesperson? Based on your company's past sales experience
Using the "six costs of inflation" detailed by Mankiw, explain the likely effects of deflation. In responding, comment briefly on each of the six costs identifi
What are some of the social, political and economic forces that are influencing Ivanovskaya Manufactura's decision
write a 1,050 to 1,400 word paper summarizing the content of a video. Watch the Khan Academy Video "Changes in Market Equilibrium"
Using the concepts of supply and demand, discuss what effect a "Buy American" campaign might have in the market for the imported good.
Meaning that there is a difference between what a person wants and what a person needs.
Israel has been combating terrorism longer than any other country. What is the three pronged mission of Israel's Sayeret Mat' kal?
What is the ethical dilemma or issue?2 What are the alternatives or possible courses of action?
What is the mean age of the employees.A survey of the number of television sets per household in a city yielded the following results:
Empirical Demand Function and Forecasting. The empirical demand function can be used in conjunction with historical data to predict pricing
forecasting to the sales and pricing strategies of the company you have chosen, and also detail some drawbacks associated with these strategies, as they relate
How does a lack of competition affect prices and output? Describe what the role of government is in markets vis-a-vis firms in the market.
Explain the cause and effect chain for the short and long run phillips curve when personal income taxes increase.
The law of demand states that there is a direct relationship between supply and demand.
This is a very open-ended assignment. Produce something creative, using some idea or concept from this course as inspiration.
Identify one real-life example of a market structure in your local city and relate your example to each of the characteristics of the market.
Construct a graph showing supply and demand in the electronic dog feeder market, using Microsoft Excel.