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1. What federal law(s) govern discrimination at the workplace based on race, color, sex, religion, or national origin? Please explain.
2. What economic systems and philosophies are present in The Game of Thrones? Explain
3. According to Adam Smith and Polanyi, what is the division of labor in the very basic sense of the process of production?
Why does it make sense for a firm to shut down in the short run if the price falls below minimum average variable cost?
Suppose that real GDP grew more in Country A than in Country B last year. Which of the following does this imply concerning productivity or standard of living?
How does capital investment affect the marginal physical product of labor? Does more college education have the same kind of effect? Which is a better investment?
(a) What is market concentration and how can you know whether a market is concentrated or not (b) What are the causes of market concentration (c) Are business mergers good or bad for the economy Explain why
(Price Discrimination of Second Degree) A monopolist has 2 sets of customers distinguished by their demand functions p1=15-p1 and p2=25-2(q2)respectively. The total cost function of the firm is of the form C(Q)=5+3Q , where Q=q1+q2. Derive the aggreg..
Assume the United States has the following consumption information: GDP=Income $4000, $6000,$8000,$10000,$12000; Consumption $4500,$6000,$7500,$9000,$10500. Also the economy has G=$1100, I=$404, and Xn=$15. Unemployment in the economy is currently 5...
Define power from an organizational behavior perspective. What is the difference between power and influence? What are the six forms of position power and the four forms of personal power? Briefly describe each form. What is leadership and how does i..
Suppose a certain state increases the license fees that physicians must pay from $500 to $2000 per year. Trace out the impact of the increase in fees an average cost, average variable cost, fixed cost, and marginal cost for physicians operating in th..
In the long run, if price is less than average cost. the market must be in long-run equilibrium. there is profit incentive for firms to enter the market. there is no incentive for the number of firms in the market to change. there is an incentive for..
Determine the cost trend of the intervention program since its implementation. Evaluate the success or failure of the intervention in achieving its objectives and develop conclusions. Defend the use of or discontinuation of the selected intervention.
How did Maynard Keynes propose to address the Great Depression? Did it differ from the Classical views? How does it compare to Monetarism?
Suppose that you take $150 in currency out of your pocket and deposit it in your checking account. Assuming a required reserve ratio of 10%, what is the largest amount (in dollars) by which the money supply can increase as a result of your action?
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