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Market vs. Command System- Economic and Political, which one is better and why? Answer should be at least five paragraphs long with examples, as well as 2 sources. APA style.
Suppose there is a fixed amount of capital K¯ = 10. Find the short run cost function CFK(q) when the wage is 6 and the rental rate of capital is 3 for a firm whose production function is F(K, L) = K^(3/5)L^(2/5). What is the elasticity of substitutio..
Mike deposited $500 in the bank at the end of each year for five years. The bank pays 5% interest, compounded annually. How much would mike have in his account following the 5th deposit?
Economists claim that there are several causes of economic inefficiency in medical care. List three basic causes and, for each, describe why it results in economic inefficiency and poor performance in medical markets.
Consider the Stimulus Package or the American Recovery and Re-investment Act (ARRA) of 2009. It increased government expenditures by roughly $750 billion. Why are we not seeing the increased GDP as yet?
q.as manager of city racquet club you must determine the best price to charge for locker rentals. suppose the marginal
Select a USA from the Index also bring in additional source material to Explicate its ranking also Explain how it has changed over the last 5-10 years.
State the definition of spillover benefits, give 2 examples. Define and explain spillover benefit. Give two example of a spillover benefit situation and explain
Using the power operations on a typical calculator, find the period interest rate to three digits after the decimal point in percentage format that results in the F/P factor being 2.85 after 16 periods.
Suppose you are interested in the population of students Northwestern University. a. Give an example of using descriptive statistics to learn about this population. b. Give an example of using inferential statistics to learn about this population
In response to the recession of 2008, the US Federal Reserve Bank made several efforts to increase banks excess reserves, decrease interest rates for lending, and increase lending. These "extraordinary measures" have been somewhat controversial (at l..
A company is considering getting involved in electronic commerce. A modest e-commerce package is available for $29,000. If the company wants to recover cost in 2 years, what is the equivalent amount of new income that must be received every 6 months ..
An attorney acquires confidential information about a certain client. However, he discovers that this information is important for the affairs of a second client. In this situation, two duties are in conflict. What are these two conflicting duties? H..
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