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1. What is the opportunity cost of going to a doctor to be examined for skin cancer?
2. Which has increased more rapidly since 1900, the number of physicians or the number of ancillary health workers? As medicine becomes more technologically advanced, which will grow faster, the number of more-skilled workers or the number of less-skilled workers?
3.Would eliminating research reduce or increase the cost of U.S. health care?
You are trying to decide whether to buy some laptop computers for your business in either Canada or in United States. Looking at identical machines on the Dell Canada and the Dell US web sites, you find that they sell for US $2000 (US dollars) in ..
What is the amount of loans from rest of the world? What is the current account balance? What is capital account balance?
Shelly's preferences for consumption and leisure can be expressed as. This utility function implies that shelly's marginal utility of leisure is C-200 and her marginal utility of consumption is L-80.
Tom earns $15 per hour for up to 40 hours of work each week. he is paid $30 per hour for every hour in excess of 40.
Obtain the market clearing price and quantity. Under the assumption of profit and maximization , how much output should the representative firm produce?
Show such data graphically. Upon what specific assumptions is this production possibilities curve based? If the economy is at point C, what is the cost of one more automobile? Of one more forklift? Describe how the production possibi..
Why might the existing firms in a cartelized industry prefer to be regulated by the government? What is the problem with common property resources?
In which of the following circumstances is expansionary fiscal policy more likely to lead to a short-run increase in investment? Explain?
Find out the equilibrium market price. Find out the profits of the leader and the follower
What are the two problems facing the Bank of Canada in trying to control the money supply precisely?
Discuss the reason why governments might want to intervene and how they might do- with respect to the following "problem" in the functioning of an otherwise perfectly-competitive ("pareto-efficient") economy:
Draw a correctly labeled loanable funds graph that shows what happens to real interest rates.
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