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The foregoing shows that Smith is not a purely deontological thinker: not only the motives are decisive in his approach. A problem he nonetheless shares with Kant follows from the fact that he doesn't make it clear what makes a good action good. Kant doesn't give any further indications concerning the foundation of the notion ‘good'. Give a comprehensive on this.
You are the manager of a popular shoe company. You know that the advertising elasticity of demand for your product is 0.15. How much will you have to increase advertising in order to increase demand by 10 percent?
Discuss why the same types of problems may exist in government as well, where elected officials are the agents and voters are the principals.
Elucidate the one thing, regarding the role of the government that separates classical economic theories and Keynesian economic theory.
In detail, explain how the 5 variables/determinants of Demand, Be sure to relate your explanations back to the definition of Demand and the Law of Demand.
Need a five page paper on an economic topic from the wall street journal using APA format. the paper needs to include introduction and teh students position on the topic.
(a) Calculate the firm's inverse demand function. (b) Calculate the firm's marginal and average cost functions.
Write an essay to explain in details macroeconomics balance as a basic concept of modern economics.
1. a firm estimates its cubic production function of the following formq al3 bl2and obtains the following
Determine the profit at the revenue maximizing level and the profit maximizing level.
Problem: Use the data in WAGE2.RAW for this exercise. (i) Consider the standard wage equation
Why do you think governments in developed nations continue to lavish extensive support on agricultural producers, even though those producers constitute a very small segment of the population?
If there are 27 runners in a race and prizes will be awarded to first, second, and third places only, what is the probability of correctly predicting the winners in order?
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