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Select an industry that interests you and respond to the following:
In your selected industry, comment on whether the U.S. government would support a business owner's decision to expand internationally or import, in light of the balance of payments and how the move internationally may affect the business's reputation as a local small-business owner.
An integer programming model would be utilized in scheduling for high demand space in government buildings or classrooms or it can be used in high level budgeting for construction projects.
Discuss how current trends in consumerism may change the way health care professionals are paid. Do you think it will get to a point where they are only paid for performance.
1. indifference curves are convex to the origin ifa. a persons marginal rate of substitution declines a he or she
considerthe following firm-levelsupply schedule for orangesq fp 2p - 2 where p themarket price of oranges.a. if there
Describe (include an explanation of economic profit in your explanation). Will price be higher or lower under such the agreement in long-run equilibrium than would be the case if firms didn't collude? Discuss.
Each instance which follows is an example of one of four types of market failure (imperfect market structure; the existence of public goods; the presence of external costs and benefits; and imperfect information).
The Goldberg-Scheinman Publishing Company is publishing a new managerial economics text for which it has estimated the following total fixed and average variable costs: Determine the breakeven output and total sales revenues.
Insurance agents receive a commission on the policies they sell. Many states regulate the rates that can be charged for insurance. Would higher or lower rates increase the incomes of agents. Explain, distinguishing between the short run and the lo..
the age distribution of students at a community college is given belowage in yearsnumber of studentsnbsp fundernbsp
Draw the labour supply curve for taxi drivers in New York City based on this estimate. Note: Since you have no data on wage rates and hours of work supplied, you are expected only to provide a rough approximation of the supply curve.
Describe what happens to investment, private saving, public saving , and national saving. Compare the size of the changes in the latter to the $20 billion of extra government savings.
Does this make economic sense? Explain the rationale behind equal prices for unequal distances in air travel using supply, demand, and cost curves.
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