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Economic profits, economic losses and opportunity cost,
After natural disasters, such as hurricanes, some commentators point to the "bright-side". It is, for example, often pointed out that natural disasters cause GDP for a region to spike upward during the post-disaster cleanup. As someone with an understanding of opportunity costs, if you were asked, what would be your economic analysis of the effects of the natural disaster? Using your knowledge of GDP, explain why GDP might increase during the cleanup. Using your understanding of economic profits, economic losses and opportunity cost, does this mean that the area affected by the natural disaster has experienced economic growth? What are the seen effects? What are the unseen effects?
Compute the Conventional and the Modified BCR for this project. Should this investment be made.
Show how to find equilibrium in an RC model? What is the relationship between the marginal rate of substitution between leisure and labor and the marginal product of labor in the RC model.
Using the theory of oligopoly and the concept of prisoners dilemma, explain why the cigarette companies did not cut on advertising on their own to increase their profits before the law went into effect?
Explain how might I have reallocated my spending so as to maximize my total satisfaction from pizza and coffee.
Illustrtae the possibly changes which the "accrual" accounting or the "cash basis" could bring into the financial statements.
A price-discriminating monopolist of the 3 rd degree sells output in 3 different markets. Some, but not all pairs on the 3 linear market demand curves are given below.
Write down an equations for total revenue and marginal revenue.
As per the Ministry of Finance also the keiretsu are there other problems.
In an article about the financial problems of the USA today, Newsweek reported that the paper was losing about $20 million a year.
Explain the trade-offs between any three of these options. In other words, what will you gain, and what will you have to give up if you choose each of the three options?
Should US laws be changed to need a shorter work week and longer vacation time.
Illustrate which tool is used most frequently. Illustrate what are two limitations on the money expansion process.
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