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Would you be in favor of expanding international law to include international tribunals where companies can sue individuals or vice versa? That would create a level economic playing field but may be contrary to state sovereignty.
200 words please provide references
An incumbent firm, Firm 1, faces a potential entrant, Firm 2 that has a lower marginal cost. The market demand curve is P = 120 – Q. First 1 has a marginal cost of $20, while Firm 2’s is $10. What are the Nash-Cournot equilibrium price, quantities, a..
“Will the world starve?” This question was asked in the Economist and has been the topic of recent conferences in Washington, D.C. and in other places. According to the conference participants and others, there were at least two answers, ‘Yes’ and ‘N..
An insurance company is reviewing its current policy rates. When originally setting the rates they believed that the average claim amount was $1, 800. They are concerned that the true mean is actually higher than this, because they could potentially ..
Using the Community Health Care Roles and Functions Table, examine the health care professions and departments involved in public policy, outcomes, and social marketing aspects of the health care field. Determine the following for each role or profes..
Always Round Tire finds that their demand curve is P = 50 − .02 Q (note: Marginal Revenue has twice the slope as the demand curve). What price and quantity combination will maximize the firm's revenue? Q=1250 P=25 ***What are the total revenue and pr..
for five countries of your choice collect the gdp per capita from unstats.un.org any year and countries you like where
This problem explores the issue of truthfulness in the Stable Matching Problem and specifically in the Gale-Shapley algorithm. The basic question is: can a man or a woman end up better off by lying about his or her preferences? More concretely, suppo..
Henry Striker manages a frosty boy drive-in. His straight-time pay is $10 per hour, with time and a half for hours in excess of 40 per week. Strikers payroll deductions include withheld income tax of 8%, OASDI of 6.2%, Medicare of 1.45% and a weekly ..
Trade sanctions imposed on Iraq that limited Iraq/s production of oil after the 1990 Gulf War on the oil market are best shown graphically with a price ceiling below equilibrium price. False. Why?
The manager of a supermarket lowers the price of its 24-pack bottled water from $4.60 to $3.40 and as a result, sales of bottled water increases from 400-600 packs. What is the arc price elasticity of demand for bottled water? What are some of the ap..
A price taking firm chooses its inputs to maximize long-run profits. Labor and capital are substitutes in production and both exhibit decreasing returns to scale, q(L, K) = L^(1/2) + K^(1/2) . The output price is 100 and the price of each of the inpu..
The marginal product curve of input Y shows. Which of the following is true of a production function?
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