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Select a nation that has a low per capita income and discuss how the catch-up effect would work for that country. Consider the determinants of productivity and explain some of the things that would tend to prohibit or limit that country's ability to catch up with the richer nations.
What are the similarities and differences between the three countries in terms of the percentage of the population that works in each type of industry?
What is the effective rate of tariff protection (ERTP) for the U.S. shoe industry now and what is the U.S. shoe industry's value added for each pair of shoes?
Demand and supply schedules
Suppose average movie attendance is 250 million tickets when prices are $7 a ticket and 200 million when prices are $9 a ticket.
What is true about the relationship between marginal revenue and marginal costs when profit is the greatest?
question 1. apple stock ticker aapl is currently at 415share while google stock ticker goog is currently at 835share.
1.Monopolistic competition is monopolistic up to the point at which consumers become willing to buy close-substitute products and competitive beyond that point." Explain
Calculate profit for each quantity. How much should the firm produce to maximizeprofit?
question 1 a toy manufacturer is experiencing quality problems on its assembly line. every defective toy that leaves
assuming that overall taxes are cut by 10 percent across the board. What will this change do to disposable income, consumption, and the multiplier
Suppose the supply function is Q=4P^2 and equilibrium quantity=36.What is the price elasticity of supply? What are the steps to find this?
A monopolist supplies to a market with (inverse) demand given by D(Q) = 100 ? Q. The monopolist has constant marginal cost c = 2. Compute the monopolists profit-maximizing supply choice and the corresponding mark-up over marginal cost.
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