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Consider the role of resources in international trade. Do you believe the rise of globalization has caused the outsourcing of manufacturing jobs within the United States, or is this a natural progression due to the technological era we are in?
the incentive of entrepreneurs to develop substitutes for the product supplied by the firms? Are competitive pressures present in markets with high barriers to entry? Discuss
Monopoly is often heralded as the ultimate goal of a firm, to be the only seller in a market. however the picture might not be as rosy as it appears if you actually reach monoply status. Why is that. How monopolies in real world earn huge rates of..
Government says that firm X must pay $1000 in taxes simply because it is in business of producing a good. What cost curves if any does this tax affect and does MC change if TC changes.
Allied Electrons must purchase a new automatic soldering machine to meet increased demand for its electronic goods. Of all the machines considered
changes would most likely bring economy to a full employment level of national output. What is income multiplier.
Create a chart to classify and identify a cost driver for each of the costs provided in the text. The chart should be included as an appendix to the written report
q. this graph shows the quantity of electricity that consumers demand by the government at a regulated price set. each
Given your results from above, what is the equation for the Chunzheng's long-run total cost curve as a function of quantity Q. How much does it cost to produce 27,000 units?
Illustrate what was the growth rate of nominal GDP between 1996 also 1997. Why do economists use real GDP per capita to measure the economic progress.
Explain how Democratic is it to support an unelected judiciary. Defend your argument for or against the election of federal judges and Supreme Court justices.
suppose that an economy consumes all salary income and saves all capital income. Describe if the factors of production earn their marginal product.
q. 1. what is the difference between marginal and total utility?2. can marginal utility be negative? provide an example
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