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Q1. Pick a "society" and time in history you would consider that the vast majority were doing very well economically. What was the economic model followed by the leaders at that time (capitalism/socialism/communism)? How did each social group in that society fair during that time (how do you know)? What happened to that society (what made it go away and why)?
Q2. Explain: "Free-trade zones such as the EU and NAFTA lead a double life: They can promote free trade among members, but they pose serious trade obstacles for nonmembers." Do you think the net effects of trade blocs are good or bad for world trade? Why? How do the efforts of the WTO relate to these trade blocs?
Why does some scientist think that areas protected from the otmosphere might have favoured the production of organic compounds on early earth.
In what industry will a given percentage increase in production workers result in the largest percentage increase in output.
The cell walls of bacteria, fungi, and plant cells and the extracellular matrix of animal cells are all external to the plasma membrane. Which of the following is a characteristic of all of these extracellular structures.
Find the quantity that maximizes the profit of the monopolist, the profit of the monopolist and the corresponding domestic and international price.
There are two identical firms in this economy with constant marginal costs equal to 1 and no fixed costs. Assume that firms set prices and follow a Bertrand model to do so.
If Mendel chose corn instead of pea plants to conduct his first experiments, what is the maximum number of traits he could have documented in breeding experiments in order to establish his law of segregation (each trait is determined by two factors) ..
Dozens of potato varieties exist, differing from each other in potato-tuber size, skin colour, flesh colour, and shape. One might construct a classification of potatoes based on these morphological traits. Which of these criticisms of such a classifi..
How would I find out by how much the price of water needs to be raised to reduce demand by 40% if the price of elasticity is 2.0.
The two smallest banks have proposed merging. Under the standard merger guidelines of the Federal Reserve and the Justice Department.
A microscope has a field diameter of 2,000 microns under a total low power magnification of 100 X. This microscope has a 10X power ocular. Given this information, reply the following questions that appear below.
She is considering quitting her job and going to university full time for four years.
A firm that finds it extremely expensive to monitor the output of each worker will likely pay its workers
A Fenway park, home of the Boston Red Sox, seating is limited to 39.000. Hence, the number of tickets issued is fixed at that figure. Seeing a golden opportunity to raise revenue.
A county is considering using a piece of park land for one of two alternative recreation projects.
A cousin of James Darwin, examined the relationship between the height of children and their parents
The narrator is consumed by the idea that human begings do not actually have free will. How is his free curtailed on the nadir, and how does he fight back.
Calculate the purchasing power parity exchange rate between the Swiss franc and the dollar. Based on your calculation, is the SF overvalued or undervalued.
A farmer has a production function f(L) where the input is capital (L). The cost of this loan is L(1+i). The farmer also has an outside option (loan from family member) which generates a profit of A.
If typographical errors occur andomly, about how many pagesin book have three typographical errors. What is the median number of typographical errors per page.
When you purchase and eat a hamburger, no one else can eat the same hamburger. When you download a file on the Internet, the file is still available.
Draw a graph of the market for chewing gum. What are the equilibrium price and quantity? Mark the equilibrium price and quantity in the graph.
What is the confidence interval for the proportion of households represented at a town meeting. Survey of households in a small town showed that in 850 of 1,200 sampled households.
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