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What is the size of the population you are sampling? How will you measure, manipulate and/or analyse the information that you collect/gather?
Explain EXTENSIVELY whether Tax on Alcoholic Drinks and Tobacco Product is pro-rich or pro-poor. Give concrete examples based on facts to justify your stand.
Major American companies that used to manufacture their goods in the United States are now manufacturing their goods. What is the net good/bad in your mind?
Problem: Which of the following would most likely have caused the production possibilities frontier to shift outward from A to B?
Concerning the aggregate supply curve (short run), ceteris paribus, a decrease in the price level leads to:
That means we may be living with an additional 70 million people in less than 40 years. What 3 aspects of your life will be most affected by this growth?
How much would an insurance company in a competitive market charge for expected costs?
What does this imply for U.S. food production independence? What could be done to address this problem, and would the solution be effective?
What effect will this development of mining technology have on the supply of gold? . Type U for unknown, L for shift left, R for shift right, N for no effect.
At what output level is average cost minimized? Marginal cost? Average fixed cost? Provide a graph of the firm's TFC, TVC, MC, AFC, AVC, and ATC curves.
A night-club owner has both graduate student and professor customers. What will the cover charge be for professors?
What were some of the key policies of neoliberalism and how did they reshape not only the US but the world?
What is the shape of the inverse demand function (hint: consider the cases n = 0 and n = 1 closely)? For a given price, what are the possible equilibria?
Construct a subgame perfect equilibrium of the infinitely repeated price game. In which state of demand is it harder to sustain the cartel?
Suppose now that market demand for skiing increases to QD = 9000 - 60P. What is the Nash equilibrium price outcome for this case?
Does this make sense for such incremental business decisions (i.e., whether or not to proceed with a new project)? Explain why or why not.
Explain how elasticity supply impacts a product you buy on a regular basis. Include how one factor of supply elasticity could change the elasticity of demand.
Based on what you learned from the simulation (4 taxis, one with a profit of $23), what factors would determine your entry and exit into a market?
How many units of each input have to be used? What will be the minimal cost of producing units of output?
explain why referring to these individuals using such derogatory terms may be short-sighted, particularly for those with children and/or those unable to afford.
What other facts about demand and supply and market outcomes would you need to know to verify this claim?
What role does a well-stated research question play in ensuring we avoid misalignment? Or is it something that can happen at any point?
The table below shows both incomes and expenditures. Explain how real GDP and nominal GDP differ. Why is it important to calculate real GDP?
Suppose that there is no discounting (i.e., d = 1). Find the subgame-perfect equilibrium in this game. Find the subgame-perfect equilibrium in this game.
Can you draw a PPF if the resources are not specialized? Describe the pattern of opportunity costs if resources are not specialized. Explain.