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In an effort to stop the migration of many of the automobile manufacturing facilities from the Detroit area, Detroit’s city council is considering passing a law that would give investment tax credits to auto manufacturers. What this means is that it would reduce auto manufacturers costs of using capital and high tech equipment in their production processes. On the evening of the vote, local union officials voiced serious objections to the law. As a union official, outline the basis of your objection As a representative of one of the auto manufacturers, what are your counter arguments? at least 200 words
What are the distinguishing characteristics of “public goods”? Give two examples of a public good. Why are public goods difficult for markets to allocate efficiently?
suppose the equation for demand can be expressed as p 120 -.65q p price of a good and q is the quantity of the good
1. explain why monopolistically competitive firms charge different prices for their products and oligopolies tend to
What are some of the steps that the Federal Reserve took in 2008 to prevent further contractions of the economy and money supply? What were the banks' reactions?
production of a particular product is characterized by external scale economies and the product is produced in two
starting from long-run equilibrium use the basic aggregate demand and aggregate supply diagram to show what happens in
1)How does a high rate of inflation affect money in all its different roles?
Explain how McGregor's Theory Y assumptions can create self-fulfilling prophecies consistent with the current emphasis on participation and involvement in the workplace. How do ethical dilemmas complicate the workplace
an angel investor is considering investing in one of two start-up businesses and is evaluating the expected returns
In the market for corn flakes the price of cardboard used in packing the cereal has risen at the same time that the Surgeon General releases a report detailing the dangers of a diet high in corn products
Points on Demand Curve Price(Per ounce) Quantity (Ounces per show)Compute the price elasticity between point D to point E and G to H. Instructions: Enter your responses rounded to two decimal places. Do not include a minus sign Use the mid-po..
gross domestic product gdp measures the market value of all final goods and services produced within a country in a
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