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Explain carefully: "If all workers and jobs were identical, there would be just one wage rate, assuming perfect information and costless mobility." As part of your answer, use the graphs to illustrate what would happen if wages were initially unequal. Be sure to explain the role of the assumptions regarding information and mobility. What happens if they are violated?
for each bundle that the consumer chooses, show the indifference curve that goes through that bundle. Make sure to label your graph carefully and accurately.
Should United States government approach favors certain kinds of immigrants. Should citizenship preference be given to the neediest applicants.
How big would that budget have to be before he would spend a dollar buying a first cup of coffee.
Illustrate would be the effect on D' of decreasing the variable cost per unit by 25% if the fixed costs thereby increased by 10%.
Illustare what is the maximum amount of new money that can be created in the banking system as a result of this deposit.
Explain how you think these trends have affected our overall economic well-being (think unemployment, wage rates, etc.) in recent years.
Using a wholesale cost of $4 per case in each state, calculate the breakeven output quantities for each alternative.
Please try to come up with real examples: it's not enough to say which savings account decreased.
Explain which industries have substantially reduced fixed cost commitments. Reduction in costs has substantially impaired the ability.
describe the current account balance, the capital account balance, and the official settlements account balance.
Describe each country's reaction function. Does a Cournot equilibrium exist? If so, find the outputs and prices of crude oil in the two countries.
Among which of the following could not bar entry into an industry. Firms prevent collusion among firms regulate natural monopolies correct the outcomes of positive and negative externalities in private markets.
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