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Go to the internet and find a news article that discusses the effects of a minimum-wage increase on the U.S. economy, summarize key points and post in the Discussions area. Be sure to include your policy recommendation of what should be done.
High Mark Industries sells solar water heaters to households interested in lower energy bills and sustainable energy.
Suppose a firm is attempting to maximize profits. If the firm increases production from 10 units to 11 units, and the market price is $20 per unit, total revenue for 11 units is: A. $20. B. $200. C. $220.
An industry consists of 5 firms, with sales of $100,000, $500,000, $400,000, $300,000, and $200,000. Now, suppose the largest and smallest firms merge. Calculate the four-firm concentration ratio (C4) before the merger.
Calculate the cash flows at the end of each trading day and compute your total profit or loss at the end of the trading period.
The demand for illegal drugs is inelastic. Much of the expenditure on illegal drugs comes from crime. Assuming these statements to be correct, What is the most effective way of decreasing the quantity of drugs consumed and decreasing the amount of dr..
Mark Martinko has been a class A racquetball payer for the last 5-years, and one of his biggest goals is to own and operate a racquetball facility.
If the economy in a period of growth and is experiencing unwanted inflation, should the government raise or lower interest rates? Why?
M.C. Hammer is selling off part of his very large wardrobe of puffy pants. The market price of each pair of pants depends on both the number of sequins on the pants and their age. Let this price be, in dollars, 20+.01S+2A, where S is the number of..
Consider the instrumental variable regression model Y i β 0 + β 1 X 1 + β 2 X 1 +u i , where Z i is an instrument
In the money market, money supply is determined by the central bank, such as the Fed in the U.S. Because of this, money supply curve is usually vertical in the short run, while the money demand curve is downward sloping.
Elucidate the organization/industry reduce production or shutdown their operations? Explain your reasoning.
If we assume an increase in Investments by 100 units, please calculate again the IS-LM functions - analyze the behavior of the markets for goods and money for each area.
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