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Balance human suffering with the economic realities
Poor countries assert that patented drugs are too expensive for most of their people to afford. The issue becomes especially noteworthy over drugs for AIDS sufferers in Africa. Monthly drug expenses are above total income levels. Countries have been changing their drug laws to eliminate patent rights in certain cases.
How do you balance human suffering with the economic realities? Do drug companies have an ethical duty to sell their products for the lowest price? Should countries abolish the patent protection for drugs? Support your answer with examples and arguments?
Tom earns $15 per hour for up to 40 hours of work each week. he is paid $30 per hour for every hour in excess of 40.
Elucidate foreign demand for dollars as well as the international value of the dollar.
Assume that the price elasticity of demand for good. Describe how much consumption changes.
What are the advantages of Fed increasing interest rates if the GDP gap is positive?
Banking crises crisis decreases depositors' confidence in the banking system. What would be the effect of a rumor about a banking crisis on checkable deposits in such a country?
explain why would elasticity of demand be important to you in determining the products
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
Illustrate what are some of the considerations in term of opportunity costs that you would have to include in arriving at your decision?
Elucidate the impact of inflation on salary rates and employment.
Suppose you are running a photo copy center that makes illegal copies of the textbook. An illegal copy of the book sells for $10 and you only have one copy machine.
You are the manager of Taurus Technologies, and your sole competitor is Spyder Technologies. The two firm's products are viewed as identical by most consumers.
A major competitor cut their price also the industry sales declined to 8000 shoes per month, If the company wishes to restore
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