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Why did German leaders support Austria-Hungary's ultimatum to Serbia and its subsequent declaration of war in the wake of the assassination of Archduke Francis Ferdinand in June 1914?
A They hoped their support would immediately push Britain, France, and Russia to declare war on Serbia and crush a potential Balkan uprising
B They hoped to keep France, Britain, and Russia out of the war, ensuring a short conflict that would give them new territory and help consolidate conservative rule in Germany
C They saw the potential war as an opportunity to distract European militaries on the continent, allowing Germany to expand its overseas empire without major conflict
D They thought the coming war would bring substantial new income to the German armaments industry and give a much-needed boost to the German economy
Explain clearly what the "phantom" or compensated budget constraint represents. Explain clearly what the income and substitution effects are. Use examples if you wish.
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Monopolies can sometimes find themselves in difficult financial situations that lead to losses. Suppose Mr. Burns Power Company has a monopoly for providing electricity in Springfield. His costs of upkeep are so high that he is persistently losing mo..
Find the equations of the best response functions of each firm. Determine the values of the Cournot equilibrium.
Canon will receive payment from its dealers on August 28th, 2012. Assuming which Canon needs to cover its expenses in Japan
What are the key trends impacting consumer behavior that may develop within the next 5 years? Consider the past 5 years and the expansion of movements such as social media, mobile media, and other emerging technologies, and respond to the following: ..
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