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Think about the last time you took a series of tests in a short period of time(high school or college). How did you decide how much time to spend studying for each subject? How might the study of economics help you make that allocation decision in the future? ( employ marginal analysis)
What primary considerations, in addition to good character, management capability, collateral, and owner’s equity in the SBA's loan decision process should be realized in an entrepreneur’s application for a basic 7(a) guaranteed loan?
Jaguar Machining needs to purchase a piece of machinery to be able to compete on a new contract with a first-tier automotive supplier. The machinery will cost $140,000 and the owner arranges to borrow the entire amount at 8% interest. By how much ($X..
Government Action. Describe market failures, and explain why market failures lead to government intervention. Describe transfer payments, and explain how this form of government action is supposed to benefit society. How does government action correc..
Assuming that your opportunity cost funds interest rate is 5% which refrigerator would you buy and why.
How are customer expectations today different from customer expectations of say 10-15 years ago? What are some reasons that contribute to that change's expectations regarding the level of customer service received?
11.assume you are the director of design for a cell phone manufacturing company. you work closely with the new product
The United States spends more on healthcare than many of the other countries but is not number one in the quality outcomes. Do you think the methods of reimbursement contribute to this outcome?
Everything else equal, when the market supply curve shifts inward, consumer surplus. Everything else equal, given an upward sloping supply curve, if the market demand curve were to shift outward, producer surplus
A key difference between accountants and economists is their different treatment of the cost of capital. Does this cause an accountants estimate of total costs to be higher or lower than an economists estimate? Explain. Kelly is a clerk and she earns..
If equlibrium level of aggregate income in an economy is $250 billion while full-employment level of income is $450 billion, and if the value of MPC is 0.60, then additional investment needed to reach the full-employment level of income $____________..
Competitive Market Surplus. Suppose demand and supply conditions in the competitive market for unskilled labor are as follows: P = $15 ? 0.3QD (Demand) P = $3 + $0.1QS (Supply) where Q is millions of hours of unskilled labor and P is the wage rate pe..
Given that labor is a resource that needs to be used efficiently, what responsibility do you feel the government has in decreasing unemployment? Does the negative relationship between inflation and unemployment have any impact on your decision? Pleas..
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