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Consider the issue of minimum wage law: under which type of moral theory would such a law be justified most strongly? In what ways are utilitarian and capitalist notions of justice consistent? When do they differ? Using an example discuss the relative strengths and weaknesses of each approach
suppose that discount brokers make bonds more liquid.a. in the liquidity preference theory how does this development
Explain how the prices determined in competitive market in theory describe who the price were determined in P.O.W Camp. Discuss weather mechanism of price determination in P.O.W Camp is consistent with the theory
create an idea for your own mnc to conduct international business. your idea should be simplified to the degree that
Describe why in competitive markets there can be profit or producer surplus in the short run but not the long run. Include the idea of "economic rent" for exceptionally productive inputs. Then imagine a firm with the same cost structure however in ea..
What is Hans' marginal rate of substitution of C for F when utility is maximized? (To be clear, we mean the value of F in terms of C). Explain.
Find out the price p0 = S(q0) at which q0 units will be supplied and compute the corresponding producers' surplus PS. Sketch the supply curve y = S(q) and shade the region whose area represents the producers' surplus.
Wireless high speed internet is provided for free in the airport of the city of communityville. At first, only a few people use the service. What type a good is this and why.
1. denver is the owner of the 7-11 mini mart dallas is the owner of the super america mini mart and together they are
You appoint an intern from Southern University to help you examine your production process, and she uses your historical cost records to estimate that your total cost function is C(Q) = 100 + 2Q + 3Q2.
choose and research a specific business that is publicly traded where there has been a pattern of change in a
a small business which produces plastic vacuum-suction covers for round household dishes has a monopoly that is
Apple, determine how market commonality and resource similarity impact Apple's competitive standing in terms of its main rivals. Provide specific examples to support your response. Determine what additional steps Apple's competitors are likely to t..
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