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Explain how the Whig party collapsed in the 1850s over the competition with "Slave Power." How did the party's collapse transform American politics, via the Republican party and the elections of 1856 and 1860? Make sure to cite any direct quotes. Please answer between 200 and 300 words.
q1. suppose bob considers borrowing 100 from sheila at a 10 percent interest rate. they both think that a 4 percent
1. price discriminationa. indicate the types of price discrimination for the cases below. based on the above examples
A consumer has preferences u(x) = 2x 1 2 1 + x2. The price of good 1 is p1 > 0 and the price of good 2 is 1. You may restrict your attention to interior solutions throughout. Explain whether these preferences are i) monotonic, ii) quasilinear, iii) e..
Many observers claim that “fee-for-service” payments create incentives for physician to employ higher-cost treatments. Is this an intrinsic feature of FFS payment systems? If so, explain why. If not, what is the correct way to view the financial ince..
What is the relationship between the price level and the level of output in the long run?
Assume a (perfectly competitive) firm has production technology given by f(L, K) = √ L + √ K. Assume pK = 1 = pL and compute its (long-run) supply schedule. Where in the analysis do you invoke the assumption of perfect competition?
The profit-maximizing firm is operating in a perfectly competitive market where the market price is $100 and the marginal cost curve is determined by the equation MC = 20 + 10Q. What is the output for the firm?
A CEO's pay rose 25% over the 2001-2002 period even though his firm's ROA fell 12% and the stock return fell 10% over the same period. Discuss why this may NOT represent an obvious example of CEO overpayment (try to provide at least two strong reason..
What are the credit risks faced by retail banking
Compare the consumption levels of workers in both countries. Explains the diversity between the countries.
Which of the following actions by a nation's central bank would be most effective in reducing inflation?
If the price of soda is $1 every can, Elucidate how many sodas will the consumer purchase in a typical month.
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