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Q. 1. Suppose we refused to sell goods to any country that reduced or halted its exports to us. Who would benefit and who would lose from such retaliation? Can you suggest alternative ways to ensure import supplies? Are re any particular imported commodities that you or your firm rely on? Illustrate what has happened to supply of se imports over years?
2. Domestic producers often base their claim for import protection in fact that workers in country X are paid substandard wages. Is this a valid argument for protection? Can you Provide examples of when it did/did not work? Is re any trade restriction that US government could impose that would have a negative/positive impact on your organization? Explain.
3. Explain how do efficiency techniques differ in short- versus long-run when attempting to maximize profits? Illustrate what specific incentives are used in your workplace to promote efficiency? Illustrate what conflicts may exist between a firm's desire to maximize profits and its ethical obligations? Can you provide an example from your place of work?
Draw the indifference curves that represent the following individual's preferences for peanut butter and jelly. Indicate the direction in which the individuals' utility is rising.
Illustrate what is the interest rate. Jack and Jill both obey the two-period fisher model of consumption.
By defining its business as printing books instead of empowering imaginations, a children's book publishing company would more than likely experience.
Illustrate what would be the size of the resulting deadweight loss relative to the competitive outcome.
Illustrate If G rises to 200 and T rises to 150. How much would the GDP change as a result.
Elucidate the difference in approaches and describe the impact these differences have on excess quantity of labor supplied.
Be sure to label all axis and curves on your graphs. Elucidate in writing to what market your derivation brings equilibrium and how it accomplishes this.
demonstrate the maximum amount of corn which can be grown using the existing production technology. For the next several troubles, ignore the vertical axis.
If you were a manager at PepsiCo, would you try to convince your colleagues while introducing the new soft drink is the most profitable strategy.
Explain each of the following using supply and demand diagrams, With the use of a graph, explain how these two programs affect cigarette consumption and the price of cigarettes.
A major Statistics Canada household survey, the Survey of Labour and Income Dynamics or SLID, the latest of which is referred to as SLID 2009.
Illustrate what is marginal product of capital in this situation. What must the saving rate be to achieve the Golden Rule level of capital.
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