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Does the Hershey business show evidence of economies of scale (decreasing AC) or diseconomies of scale? What is your evidence? (you perhaps have to look at it's total product and output for last couple of years
If your business exports its products OR if imports factors of production...whether recent trends in exchange rates are likely to be good or bad for costs and/or revenues.
A county is considering using a piece of park land for one of two alternative recreation projects.
What happens to the demand for Sara's sweatshirts in long run. In long run, what happens to Sara's economic profit.
For retirement planning, you decided to deposit $1,000 per month and increase your deposit by $100 per month. How much will you have at the end of 10 years if the bank pays 3% annually, compounded monthly?
Suppose that the monetary base increases by $400 billion. If the money multiplier equals 2.75, the money supplies:
Suppose that the Organization of Petroleum Exporting Countries (OPEC) raises oil prices by 50%. What effect will this have on the U.S. aggregate demand curve? On the U.S. short-run aggregate supply curve?
Taiwan’s farmers have a very good harvest of bananas this year. How does it affect the total revenue of the farmers in Taiwan? Explain your answer with a diagram. After buying the bananas from Taiwan, Beijing sells them in the mainland (domestic) mar..
Most of the increase in the labor portion of total health care expenditures in the past 40 years can be explained by
Taxes paid for a given income level Juanita is getting ready to do her taxes. She is single and lives in Denver. Juanita earned $90,000 in 2011. She reviews the following table, which shows the IRS tax rates for a single taxpayer in 2011. The maximu..
Solve for the amount imported, consumer surplus, and producer surplus. Suppose a per unit tariff of $64 is imposed by the government. Solve for the consumer surplus, producer surplus, government revenue and total surplus with the tariff.
Explain what will happen in the countries to which the immigrants return to potential GDP, employment, and the real wage rate.
Because of over criminalization, particularly by the federal government, Americans may be breaking the law regularly without knowing it. Should Congress rescind many of the more than four thousand federal crimes now on the books?
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