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the british phonographic recordingindustry is comprised of record labels that produce promote and distribute recorded material mainly for home use
karl marx argued that all value in goods and services commodities came from the expenditure of labor in productionnbsp profit interest and rent are
1 greg has a salary of 100 he spends his entire budget on milk and cookies the cost of a quart of milk is 200 and the cost of a box of cookies is
assume the marginal product of labor is mpl 20 and the marginal product of capital is mpk 50 in addition the price of labor is wl 10 and the price
you are the manager of the surgery department at a hospital which serves mostly medicare patients the hospital performs 1000 surgical operations per
1 suppose that an individual has a utility function uc h lnc hcrepresents consumption of a necessity good such as shelter and h represents healtha
the owner of a restaurant is considering lowering menu prices to draw in more customers he is debating between lowering the price for the steak
1 two individuals fred and helen in an economy with no production each have the utility function u 10xy prices of both x and y are set at 1
ques 1the government is planning to build a bridge which connnects the north and south of the country the cost of building the bridge is 2000000 the
biofuels are increasingly being used as an alternative source of fuel this is due both to constraints on the supply of oil and concerns over climate
questionthe task is to interpret the following article in the light of your understanding of supply and demand where possible you should illustrate
in 1995 mango production in kenya fell by approximately 85 following a flood the retail price of mangoes rose by a factor of 3 the huge increase in
current event1 with an economic perspective write a brief summary of the current event article2 write your opinion and application of this article to
firms can operate in one or more markets and not always on the same side of the market general motors is a buyer in the resource market and a seller
an individual wishes to deposit an amount of money now and 100 every six months so that at the end of five years they have 1500 with interest at 4
a social welfare functions embody a normative conception of the relative importance of equity and efficiency with the aid of diagrams illustrate and
1what economic problem is the nation facing2what would be the goals of your fiscal policy3what exact fiscal policy would you recommend why4use an
it is estimated that the annual heat loss in a small factory is 12000 proposal 1 will reduce the heat loss by 68 and will cost 3500 proposal 2 will
explain the relationship between elasticity of demand and total revenue for the following ranges along the demand curve using the attached graphs for
1 denver is the owner of the 7-11 mini mart dallas is the owner of the super america mini mart and together they are the only gas stations in town at
1 fresh from a successful marketing and financing campaign you suggest that your client think about charging different prices to different customers
1 in the kingdom of spamalot only a few people eat spam you own the patent on spam production and enjoy exclusive rights for the production of this
1 a profit maximizing firm in perfect competition produces no dead weight loss but a profit maximizing firm in a monopoly market does produce
5 you are at the company convention and your ceo gives a rousing motivational speech about how the company wants its employees to become leadersthe
1 using a prisoners dilemma game such as the wedding game explain how a positional arms race can occur in your answer be sure to explain positional