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When looking at firms, you will find that the level of competition is very important. How do you think that firms will change decisions that they have to make based on the barriers for these firms?
This is a business law question there is now select subject for business law so I chose economic Miller, R. (2013). Fundamentals of Business Law: What is the importance of risk management to the business enterprise?
Discuss the effect of the following public policies on the supply of labor. If there is a difference, discuss how the effect varies over time (e.g., now versus in the future) or across different groups of people. Allowing a tax credit for childcare e..
Economist A and Economist B get together to discuss the implications of a new government policy that will move a military base from State X to State Y to reduce its operating costs. What are your thoughts about such a policy?
Given that the demand function of the good Z; Assuming that Pz=10, Ps=40 and Y =950, what is the price elasticity of demand of good Z if Pz increases to $20? Assuming that Pz=10, Ps=40 and Y=950, what is the income elasticity when Y increases to $11..
Licensing the brand name and symbol is an important source of revenue for Harley. What types of products do you think do not fit with the Harley image and therefore are not good candidates for licensing by Harley? Develop a list and discuss your sele..
Is the drug industry a good illustration of the market theories described in this chapter? Explain. How should the relations between drug and human life/health affect your views on drug industry monopoly profits? Explain.
The Hamilton Flour Company is currently operating its mill six days a week, 24 hours a day on 3 shifts. At current prices, the company could easily obtain a sufficient volume of sales to take the entire output of the seventh day of operation each wee..
Elucidate how production possibilities table or curve reflects law of increasing opportunity costs. Illustrate what do points along PPC recurrent (with respect to available resources).
Charlie has utility function U(x,y)=24x^1/2+y. If he maximizes her utility, what is the amount of good y that he consumes, when price of x is 4, price of y is 1, and income is 50 (in this case utility maximization is characterized by the tangency rul..
In order to financially stimulate the nation, the Federal government injected $900 billion dollars into the economy. However, the results were less than spectacular. One reason could have been a failure to understand the marginal propensity to consum..
Which of the following best explains the shape of the individual labor-supply curve? The labor demand curve is based on the firm’s: Investment in human capital implies: Why has there been an increase in the inequality of income? Between two countries..
When a leading developing country defaults on its loan to foreigners, discuss (with the aid of loanable funds market diagram) why interest rates will rise on bonds issued by many other developing countries.
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