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Answer the following questions in a 1/2 page to a page response. Keep in mind to identify unclear words or phrases, and propose ways in which those words or phrases may be clarified.
1. We might say a society is just if and only if it is organized so that the distribution of wealth within works to the benefit of the least well off. Do you agree with this conceptual theory of what a just society is, or not?
2. We might say that lethal force against an attacker is justified if a victim believes he or she will suffer serious physical harm. Is this a good definition of “justified”? Explain.
Graph the following statements using demand curves only, elucidate how whether there is a change in demand
What is the short term economic benefits and costs associated with the current high federal government budget deficits?
There were 13,249 weddings in Springs City last year. According to state records, notaries public performed 17% of the weddings. How many weddings were not performed by notaries public?
questions1. what type of uae companies would like to see higher tariffs and what type would like to seelower or no
Cassiopeia is a country facing an acute financial crisis. Coupled with a negative growth? rate, the rate of inflation in the economy has increased to almost 12 percent. The government of Cassiopeia has recently appointed a panel of experts to suggest..
In class, we proved that the competitive equilibrium of the one-period simple economy is Pareto optimal, analytically. We also showed the graphical representation of finding the competitive equilibrium (by means of drawing production possibility fron..
An incumbent operating in a market faces a potential entrant. If the entrant does not enter, the incumbent earns a profit of $100. If the entrant enters, both firms earn a profit of $40. The game proceeds as follows. Draw the game tree and find the s..
at an annual general inflation rate of f . Also, i = 9%. What is the amount A in actual dollars equivalent to A’ = $1,000 in constant dollars? Please provide step by step detail.
You are pitching a marketing proposal to a company that sells electronic equipment. For a particular product line, their current sales price is $20 per unit, cost is $9 per unit and they have $20,000 in fixed costs associated with this line. Calculat..
Point out which costs in the preceding question are considered "relevant" and which are considered "irrelevant" to a business decision. Explain why.
Arizona and manufactures clay fire pits for patios. They are one of about two dozen firms around the world that manufacture and sell clay fire pits for retailers such as Home Depot, Lowe’s, Front Gate, and other upscale home product chains. If Redsto..
q1. explain why the following situations would occur in terms of the factors that affect elasticity.a demand for
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