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Question: Why do we say that competitive markets are efficient? Question: What are the six main methods used by governments to restrict trade?
Opponents to government intervention argue that government makes decisions based upon a) marginal social costs and marginal social benefits. b) marginal political costs and marginal political benefits
Question 1. Do you think the GDP is a good indicator of economic well-being? Question 2. What other factors do you think contribute to a good standard of living?
Question 1. What is economics? Question 2. a) What is opportunity cost? b) Give an example of opportunity cost. Question 3. What is the law of demand? Question 4. What is a normal good?
Economic and political stability are important factors to be considered when finalizing an international investment. What are some specific risks of investing in politically and economically unstabl
Demonstrate the effects of a price ceiling and a price floor on a market. As for what happens with pricing is different than equilibrium, a price Floor is Minimum wage where the wage rate is higher
Question 1: Why is rising per capita income necessary but not sufficient for broadly reducing poverty and improving human welfare? Question 2: Discuss some of the strategies advanced for the reductio
Problem: Contrast the modern notion of 'microfoundations' with Marx's 'real foundation' for the analysis of economic activity.
Do incumbent politicians use their power and influence to get re-elected? Is this a "valid" use of political power? How does this impact business firms? Please discuss these questions.
Write a 1,500 to 2,000 word research paper discussing a current topic in the field of Managerial Economics (the economics of the firm)
How would you characterize INVENTORY as an economic variable? Is it supply? If the current inventory is almost 3 million light vehicles and that is expressed at 116 days of sales why is that a usefu
The perfectly competitive firm takes the equilibrium price set by the market and maximizes profit by producing where price, which also equals marginal revenue, is equal to marginal cost. The level o
The relationship between long-run and short-run average total costs is known as:
Question 1: Discuss why the Airline industry fall under a Oligopoly market structure. Please support your explanation. Question 2: Under what economic conditions or situations will the market structur
Question: Explain Curtin's model of "trade diaspora" and illustrate it with an example.
Problem: Please explain the elasticity coefficient for elasticity of demand, cross-price elasticity, and income elasticity.
Use the Hungarian method to determine which auditor should be assigned to which job. You wish to minimize the total time required. What is the minimum total time? Briefly describe how you get
Is the Government becoming too involved in Individual decisions? Do you object to mandatory determinations by government on the distribution of vaccines, regulation of air and water pollution or sho
Therefore, in addition to the three evaluation criteria stated above, propose and discuss a fourth criterion that should be included in a program evaluation to better assess the merits of a governme
I need help to support the claim that human capital theory fails to explain the relationship between skills and the economy.
If "excess profits" are taxed away, where will oil companies get the money to fund new exploration and development of oil properties? Does it matter if these price increases are demand or supply ind
Do a little research into the company that you choose. Discuss the likely sources of economies of scale that are the foundation of their large size.
The media and others suggest that the current account deficit run by the U.S. is a problem for the economy. 1. Do you think that the current U.S. deficit is a problem? If so, why so? If not, why not?
Explain to the class how these barriers affect your company. If you prefer, you may find an article that tells a story about barriers to entry having an effect on a certain company or market.
- Correctly identify the issue or issues addressed by the author, related to creating shared value in a market economy.