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Suppose that a developing country devotes extensive resources towards improving the education and skill level of the labor force. How might this help the country avoid a coordination failure?
The Hull Petroleum Company and Inverted V are retail gasoline franchises that compete in a local market to sell gasoline to consumers.
In a competitive market, a single firm is only one of the many sellers producing and selling exactly the same product. The demand curve facing a firm exhibits perfectly elastic demand.
The government decided to tax a monopolist at a constant rate of $x per unit. Show the inpact upon output and price. Is the posttax equilibrium closer to or further from the ideal equilibrium of P= MC?
Prepare a memo to the managing director that explains the different vehicles available that can be used for each of the following:
What will happen to the equilibrium level of GDP if investors become optimistic about the country’s future and raise their investment to $600?
Suppose that Congress passes legislation making it more difficult for firms to fire workers (an example is a law requiring severance pay for fired workers). If this legislation reduces the rate at which people are let go from their jobs
Consider the situation of the concept of Green energy policy and conservation. What is the issue at hand and what are they hoping to do Explain. What are the anticipated benefits of using the electric cars and the new florescent light bulbs
Describe the types of trade barriers, their implications on the market and how international organisations act to restrict and regulate these barriers.
Let's consider the effects of inflation in an economy composed of only two people: Bob, a bean farmer, and Rita, a rice farmer. Bob and Rita always consume equal amounts of rice and beans.
Describe the economic implications for the United States of the rise of China and India as significant economic powers.
One of the concerns for the network project is ensuring secure e-mail and any documents sent through e-mail. Prepare a PowerPoint presentation that explains how e-mail messages can be securely sent.
What sort of shift in supply or demand would result in a market equilibrium with higher prices but lower sales volume? A shift inward in supply could lead to an equilibrium with higher prices but lower volumes. What might cause such a shift?
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