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Extreme diversity in pay in the US
Why do we have such extreme diversity in pay in the US-port stars, actors, others making very high salaries while others make much less? What does economic theory tell us on this topic?
Illustrate each of the following events using a demand and supply diagram for bananas.
Using the static classical AD/YP model, demonstrate the effect of each of the following changes.
Think about a company that has been a state-owned, natural monopoly. If it is privatized, what kind of regulatory policies could the government follow, and what impact might they have on the firm.
Explain how does Global Intellectual Property Laws affect Telecommunication industry economic growth.
Calculate the predicted change in tickets sold if the price were raised to $11. Also elucidate the expected change in total revenue.
Illustrate what are your preconceptions of economics. Do you think economics will be a relatively difficult course.
In the text we mentioned how Levi Strauss price discriminates between the European and American markets. This question is designed to help you analyze this situation.
Your company is considering an investment project that will generate after-tax cash flows of $1,000 per year for the next three years (and then be scrapped, with no salvage value).
Illustrate what were the percentage changes in nominal GDP and real GDP for the most recent quarter? What accounts for the difference.
Assuming individuals hold no cash (all cash is in bank vaults as reserves), calculate the simple money supply from the following reserves requirements and deposits in the systems. 5 Points each, 30 points subtotal
Explain why would this be described as a Prisoner's Dilemma game.
If there is a positive Net Advantage to Leasing the industry will lease the equipment. Otherwise, it will buy it. What is the NAL.
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