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A newspaper headline stated that at a recent budget workshop, nearly three dozen people supported a sales tax increase to help deal with the city's ?nancial de?cit (San Luis Obispo Tribune, January 22, 2005). This conclusion was based on data from a survey acknowledged to be unscienti?c, in which 34 out of the 43 people who chose to attend the budget workshop recommended raising the sales tax. Brie?y discuss why the survey was described as "unscienti?c" and how this might limit the conclusions that can be drawn from the survey data.
Discuss the Federal Reserves use of open-market operations to influence the money supply and the respective consequences of such actions.
Briefly describe the plot of a disaster movie in which an electromagnetic pulse causes the shutdown of all electronic equipment and financial activity to grind to a halt.
If a competitive firm is producing at an output level for which price less than marginal cost, the firm:
Suppose the EEOC uses a job-scoring system and determines that the wage rate for a secretary is $50 per hour, while the competitive labor market wage rate is $10 per hour. What would be the effect of such a comparable worth law
1. craft unionsboth industrial unions and craft unions attempt to raise their members wages but each goes about it
How large is the US trade deficit relative to GDP
Michelle (a calendar year individual) begins a new business as a sole proprietorship. She would like to use an October 31 fiscal year end for her business because the calendar year ends during her busy season
a corporation produces output with a market price of 200 per unit. the marginal product of capital is 12k where k is
Under what circumstances would a discriminating monopolist produce more socially optimal quantity than a nondiscriminating monopolist Is there any situation under which a discriminating monopolist could produce the quantity that would be produced ..
Illustrate graphically how the detergent cartel would set price and output and do you think this laundry detergent cartel with P&G and Lever will be stable for the next 5 years?
Every week, more and more apps are available for Droid-based smart phones. How does this affect the optimal price for Droid-based smart phones?
Define what a process is from an operations perspective. Also, please differentiate a value creation process, a support process, and a general management process. Include "real world" examples.
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