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Choose one essay below and write at minimum a 5 paragraph essay (WITH EXAMPLES) APA style Minimum 2 sources excluding the text book.
-Make a case that either the government works or the government doesn’t work.
-What is the relationship between fixed costs and variable costs in managing a business? BE SPECIFIC.
-Compare and contrast neoclassical vs. behavioral economics.
In 2011, Jean earns a salary of $150,000 and invests $20,000 for a 20% interest in a partnership not subject to the passive loss rules.
Charlie likes both apples and bananas. He consumes nothing else. Charlie consumes x1 bushels of apples per year and x2 bushels of bananas per year. What is the function of budget constraint for Charlie and the marginal utility for the apples and bana..
Utilizing the standard IS/LM model, elucidate how the scope of monetary policy to change real economic activity in the short run depends on the private sector reaction to interest rate changes.
Suppose that the manager of a firm operating in a perfectly competitive market has estimated the average variable cost function to be: Fixed costs are $500. If the forecasted price of the firm’s output is $5.00, how much output will the firm produce ..
If the Social Security retirement system was a private retirement system, it would be declared bankrupt. Discuss why this is so and why the Social Security system can continue to pay benefits despite the fact that it can be considered bankrupt. Discu..
Do you agree or disagree with the following statement: "The rational model of the organization assumes that the Corporation is based on consent, while the political model assumes it is based on power, and the carrying model assumes the Corporation is..
A pharmaceutical firm faces the following monthly demands in the U.S. and Mexican markets for one of its patented drugs: Find the demand, marginal revenue, and marginal cost curves for each market. Estimate the profit-maximizing prices and quantities..
For each of the following characteristics, say whether it describes a perfectly competitive firm, a monopolistically competitive firm, both, or neither. sells a product differentiated from that of its competitors. has marginal revenue less than price
The number of taxicabs in Motorville and the taxicab fares are regulated. The fare currently charged is $5 a ride. Motorville taxicab drivers want to obtain government's permission.
Consider the iron ore production industry, and assume that there are just two producers, FM and BHP. Initially assume that both firms are identical in terms of their production costs. If the two firms can cooperate, what should they do in order to ma..
A 15-year annuity pays $2,200 per month, and payments are made at the end of each month. If the interest rate is 10 percent compounded monthly for the first seven years, and 6 percent compounded monthly thereafter, what is the present value of the an..
Social Security and Medicare are in financial trouble. The money will run out for the future generations if something is not done shortly. In detail, explain how you would save both systems for the future generation.
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