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Write down the effects of international trade to GDP, domestic markets and university students? How do government choices in regards to tariffs and quotas influence international relations and trade?
Draw graph of production possibility frontier of both countries with computers on horizontal axis and automobiles on vertical axis. Label axes and compute the intercepts.
B has general tendency to be larger than: Describe economic relationships that cause observed behavior among these :, B, and M/P.
If he has no other source of income, sketch his budget constraint and write equation. Find the most he can spend, Y, on these goods?
Write the cultural norms which govern the organization, and what kinds of behaviors does culture promote? Do the behaviors you explain block the strategy?
Recognize type of merger activity in the industry or one with which you are familiar-horizontal, vertical, or conglomerate-and describe why you made that choice.
Sketch the production possibility curve comparing six hours which you have available every evening for studying or social pursuits.
Explain the risk, importer, exporter, L/M/S and how to overcome it in each of given: Economic conditions, Fluctuations in industry.
Suppose that business is visible and significant member of the community. Would government encourage decision to expand? How would it affect reputation of the business?
California legislative committee has voted to legalize marijuana. Graph before tax supply and demand for marijuana, and work out equilibrium price and quantity.
Sketch the diagram illustrating situation where economic incidence of tax and statutory incidence of tax are same.
On January 4, 2013 she went to doctor for first time that year and was charged $60 for office visit. How much of that shouldshe pay for herself?
Describe how market for corn would be affected if ethanol, a corn derivative, was used to fuel cars in United States.
Write the difference between price floor and a price ceiling. Give situation in which a price ceiling may be utilized.
Draw the separate production possibilities frontiers for each of the fields. Compute opportunity cost of oranges in Field 1 and opportunity cost of oranges in Field 2.
Examine how prescription drugs affect demand and supply of other products and services in the country (US).
Contraction are commonly used terms in economics and media. What do the terms mean? In explanation, discuss how some of these terms are related?
Explain the process of workflow analysis. Give the example of workflow analysis in organization. Response must be at least 75 words in length.
Occupies 1 unit of land, that total non-land cost for firm is $240, that all markets are competitive, and that opportunity cost of land is 0. Deduce equilibrium rent function.
Derive the demand functions for x and y . Are they homogeneous in income and prices? Assuming I = $60 and p x = $1 , graph the demand curve for y . Repeat part (b) for case in which p x = $2.
Would concept of dynamic pricing be suiatble to the model which you selected? Describe Why or why not.
What if monopolist charged P=$5.50 for first 3 units of the commodity and P=$4 for next 3 units-What kind of price discrimination is this?
Find the total revenue of the monopolist when it sells 6 units of the commodity without practicing any form of price discrimination.
Give the example of the decision in which you faced trade-offs, considered opportunity costs and estimated options by comparing marginal benefits.
Explain the determinants of demand and supply for the product. What factors can lead to change in equilibrium price and quantity?