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Why is economics a science of choices? Explain the kinds of choices confronting workers and employers in labor markets. Distinguish between microeconomics and macroeconomics.
What services do you predict Bangalore India exports and what services do you predict it imports.
q.the market for water in urban areas in australia is often dominated by one provider for example sydney water in the
q.suppose you are attempting to buy a used bicycle and you are bargaining with the owner over the sale price. the bike
Congress does not have enough votes to override a veto. Draw a tree for this game and ?nd the rollback equilibrium.
The opportunity cost of consuming good A is lower than the opportunity cost of consuming good B.
John lives for three periods. He is currently considering two alternative education-work options. Alternative 1: he can start working immediately, earning $100,000 in period 1, $110,000 in period 2, and $120,000 in period 3
she estimates that she can produce and sell an extra 1,400 hamburgers per day by keeping the restaurant open for three more hours per day at a cost of $50 per hour. Which of these two alternative ways of increasing output should sh..
You are a project manager at a bike shop. You just received a shipment of new bikes that need to be assembled. For each bike, the frame needs to be set, which includes the bike frame, handle bars, and the seat. The wheels need to be mounted. To ensur..
Discuss the strategy of your organization according to the specificities of your business environment - Explain how your organization can achieve significant cost savings and marketing benefits through the use of the internet technology.
Give an example of a government created monopoly. Is creating this monopoly necessarily bad public policy?
Assume bad wear in Florida ruins much of orange crop. Illustrate what happens to consumer surplus into market for oranges.
Both Dave and Caroline produce sweaters and socks. If Dave's opportunity cost of producing 1 sweater is 3 socks, and Caroline's opportunity cost of producing 1 sweater is 5 socks, then
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