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Compare and contrast four companies with regards to the market structure characteristics, including, but not limited to: barriers to entry.
The relationship between amount of labor and capital employed and the law of diminishing marginal productivity.
Write the three most significant expenditure programs of federal government. How do they vary from three most significant expenditure programs of state and local governments?
Write 800 - 900 word formal research paper articulating: The economic views of time. Issues concerning economic development and/or policies connected with the theorist or theory.
Can government always decrease the budget deficit by simply increasing taxes? Why or why not? Describe your answer using the Laffer curve.
Explain the different ways that distribution adds value (or utility) to product or service, impact that wholesalers and retailers have on that value.
What single feature adds value for business's partners, customers oremployess beyond what could be acheieved in the traditional business settings?
Compute Farmer Dorr's schedules of average cost, marginal cost, total variable cost, and average variable cost.
If government imposes tax on cigarettes which raises price to reduce overall smoking by 15 percent, by what percentage will government decrease teenage smoking?
Describe how scarcity and choice are associated. Economic theory says that rise in price of a good will cause people to buy less of it.
The market for personal computers in mid-1970s and today. Describe the difference between then and now. How are opportunity cost and scarcity associated?
What are the weaknesses and strengths of the various forms of business? Why do corporations tend to be so much larger than sole proprietorships or partnerships?
What are the possible consequences of using an open environment? What are the benefits of using an overly secure environment?
Develop the simple fictitious income statement which reflects the profit and/or loss after the first month of operation.
What kind of information is contained in the annual report which would help you decide if this is right investment for you? Write reasons why this information is significant to you. Be specific.
Develop the simple fictitious income statement which reflects the profit and/or loss after your first month of operation.
Determine GNP for 2009? Find the difference between GDP and GNP? How did GNP change from 2008? What caused these changes?
If the ELISA has given positive result, use Bayes' theorem to determine the probability that HIV virus is actually present.
For each of three types of investments decide whether data appear to be approximately normally distributed by comparing data characteristics to theoretical properties.
With a mean of 22.002 mm and standard deviation of 0.005 mm. For the process, find proportion of shafts with diameter between 21.99 mm and 22.00 mm?
Using your answer to and probabilities listed on flier, find expected value of prize won by prospective customer receiving a flier?
Determine demand curves for X and Y using following utility functions (all demand curves must be functions of income and price).
George has $28.00 to spend on soda pop and pretzels. Describe the reasoning regarding how you selected that consumption point.
In a meeting about whether to store inventory in company-owned warehouse or rent warehouse, colleague says, "We must use our own warehouse and save cost of renting one."
You think demand is elastic, but colleague thinks it is inelastic. Does it matter if demand is elastic or not? Describe. Is it possible that you are both right? Describe.