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Defining managerial economics by reffering two economists, using the positive approach. discuss by using specific examples the purpose of economic analysis and use of economic model.
Ruth decides to open a Doggie sweater company. It costs her approximately $5 in wool costs, and she pays $3 in labour costs to her knitting ladies. Their group meets at a hall which costs approximately $50 for rent.
HomeGrown is a small restaurant that specializes in serving local fruits, vegetables and meats. The company has chosen to enter into a long-term relationship with Family Farms, a local farming operation. The two parties have decided to enter into a l..
Should employers continue to carry the burden of providing healthcare benefits to employees or should the government institute a form of national health insurance instead? What difference might this make for the ability of US companies such as automo..
Nicotine has been used as a psychoactive drug by the native peoples of the Americas for approximately 8,000 years. Five hundred years ago, Christopher Columbus introduced tobacco to Europeans, who discovered, once they overcame the nausea and dizzine..
Summarize the article "The war against the poor instead of programs to end poverty" by Herbert J.Gans in 400 words by following these steps: How the economy, the government and the political climate have participated in the war against the poor? Writ..
q.get an answer from tutors to this homework question nowassume that in 2008 the following prevails in the republic of
Marx argues that economic changes are the source of class conflict and potential social change. Explain Marx’s argument by either using the historical example of the transition from feudal production to capitalist production, or explain this by perha..
Chipotle wants to run an experiment to estimate the demand elasticity for its customers who consume pork burritos. Chipotle raises the price of pork burritos 5% in half of its restaurants, but keeps the price of pork burritos unchanged in the other h..
q1. explain carefully if all workers and jobs were indistinguishable there would be presently one wage rate pretentious
Q. assignment on list down three different product that operate under monopoly form of market. are the price charged justified or not. Illustrate what are the steps taken by the govt. to check the prices from being over charged by the monopolist.
q1. if the us economy is operating near full employment and the exchange rate increases the dollar appreciates explain
In thinking about monetary and fiscal policies there are a lot of models with different graphs involved. Let’s focus for a minute on some of the relationships between them. Graph an increase in the money supply and the most likely effect this will ha..
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