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Prepare a 2-3 page paper using APA format discussing how the Coase Theorem provides an alternative to government regulation and provision of services. How is the definition of private property a critical part of this analysis?
If the demand function is D=4-P, the supply function is S =2+P. Draw the graph of the market equilibrium and calculate the equilibrium price.
A monopolist has a constant marginal also average price. Compute the monopolist's profit maximizing quantity, price also profit.
Pick two similar small businesses in the same industry with which you are familiar, one successful and one not so successful. Describe them in a post, and compare and contrast these businesses. What is the difference in management style between the..
Studies indicate that the price elasticity of demand for cigarettes is about -0.4.If a pack of cigarettes currently costs $2.0 and the government wants to reduce smoking by 20%, by how much should it increase the price?
In any economy there are millions of individuals and institutions and to reduce things to a manageable proportion they are consolidated into three important groups; name them down.
Compute the price elasticity when the price changes from $6 to $5(use the arc elasticity formula). What is the change in total revenue from this price change?
How do we know that calculating GDP by the expenditure approach yields the same answer as claculating GDP by income approach
Which nation has the absolute advantage in the production of tanks. Why is it this country.
The demand for good X has been estimated to be Qx=10 - 0.5Px +4Py. Suppose that good X sells at $4 per unit and good Y sells at $2 per unit. Calculate the own price elasticity.
The market of laptops is given then take the range of values for the price from $1 to $30 and calculate corresponding demand and supply quantities.
The US at the end of World War II stood as the world's preeminent superpower, with new-found political and economic wealth. To what degree.
If the government levies $20 billion in taxes to finance additional spending on military weapons, the net impact on total employment will be
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