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Keeping in mind that the Guest Worker Visa is a legitimate resource that many agricultural companies use in order to hire Hispanic workers, yet many people blame "illegal Mexicans" for taking American jobs... How fair is it for them to have to put up with hard job conditions, and still be blamed for, yelled at, and stereotyped as an "illegal criminal"? What do you think are some of the causes to this problem and what could be some of the solutions?
An industry demand curve faced by firms in a duopoly is P = 100 - Q, where Q = Q1 + Q2. MC for each firm is 0. How many units should each firm produce? How much money will eac
No suppose that the soy industry produces differentiated products and is characterized by EOS and monopolistic competition. Auto industry is still perfectly competitive. wha
Under oligopoly, if one firm in an industry significantly increases advertising expenditures in order to capture a greater market share, it is most likely that other firms i
One of the central questions that society must answer regarding medical care is: Should funding be increased? Should funding be tied to medical results? Should funding be real
Consider the following sequential game between firm 1 and firm 2. First, firm 1 decides to adopt either technology A or technology B. Firm 2 observes firm 1's decision and the
In the opening chapters of Capital, Marx begins with the commodity and grapples with a qualitative value question AND a quantitative value question. Alternatively, he distingu
A firm has the exogenous cost function C(Q) = 354Q-30Q^2 + Q^3. Compute the marginal cost function. Compute the average cost function. For the remaining parts, assume that the
Measles has become an epidemic here in Orange County. About 1 in 1000 people will die after contracting the disease. Because this is such a high rate, health officials in Oran
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