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Examine the main reasons why people are attracted to urban areas in the developing world, and select the key issues that make this rural to urban migration such a difficult problem for governments to deal with.
Why is the behavior of an oligopolist so hard to predict? how does it differ from that of monopolist? why? also, if a monopolist has little substantial competition wouldn't logic dictate that there would be a portion of the maginal revenue curve ( at..
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?
What are the three variables that can cause a shift in the aggregate demand curve?
Suppose that you want to maximize the value of the function f(x) = 8x^2 - x4. Which value(s) of x satisfy the first-order condition for this maximization problem? Which value(s) of x are boundary points? Which value(s) of x solve the maximization pro..
Does the existence of “efficiency loss” associated with health care over-consumption mean that citizens are worse off with the government’s provision of this insurance?
A positive demand shock in the very short run would cause _____________ in prices; in the long run, it will cause _____________ in prices.
The price of a stock is $82 at the beginning of the year and $89 at the end of the year. If the stock paid a $3.25 dividend and inflation was 2.25%, what is the real holding period return for the year?
The distinction between supply and the quantity supplies is best made by saying that supply is represented graphically by a curve and quantity supplied as a point on that curve. why?
Suppose that the forces of good have an army of 1 million and the forces of evil have an army of 500,000.Using the rule of 70, in approximately how many years will the forces of evil catch-up with the forces of good.
Provide two examples of actions taken by a company, government, or organization whose effect is to prevent specific markets from reaching equilibrium. Illustrate what evidence of excess supply or excess demand can you cite in these examples.
Eastman Kodak filed for a bankruptcy in January 2012. Using our analytical framework of nine areas of interest introduced in class explain the main causes of the company's misfortunes.
In a 100% socialist structure, the owners would be faced with what challenges? They lose the opportunity to make and hold onto extreme profits. They assume all the financial risk if their businesses fail. They no longer can change careers because the..
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