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1. The price of wholesale milk dropped by 30.3%, when the PennsylvaniaMilk Marketing Board lowered the regulated price. The price to consumers fell by less than 30% in Philadelphia. Why?
2. A maker of specialty soaps supplies a unique soap made from cactus extract to the only two retailers in a small town. The producer sells the soap to the retailers at the marginal cost of production of the soap, $1.00 per bar, and receives 20% of the profit earned when the retailers sell the soap to customers. Would the producer prefer that the retailers compete with each other on price or to specify the retail selling price of the soap to both retailers?
In order to discuss a health system from welfare economics point of view and to understand whether it is efficient and fair in Turkey, I will examine for OECD Reports. However, I need to use some economic theories & methods for my essay. I research s..
a. choose a country and from last next 4 weeks collect as much current economic data data that will be released over
q.in 2009-2010 when the economy was in a deep slump the fed had taken interest rates to zero increase in money supply
What is the fertility transition and when did it take place in the United States? What explanations have been proposed to account for the fertility transition? Critically evaluate each of these explanations in accounting for the fertility transition ..
Perfect Competition and Monopolistic Competition-List the features of an industry that has perfect competition, and compare these with the features of an industry with monopolistic competition. How do firms in an industry with perfect competition act..
Assume an economy with an aggregate production function of the form Y = 1.5K. If the nation’s population grows at 5%, the rate of depreciation is 3%, and the savings rate is 8%, what is the steady-state output per capita level?
assignmentnbspa television station is considering the sale of promotional dvds. it can have the dvds produced by one of
Assume that the job separation rate s is 0.01 (1%) per month and that the job finding rate f is 0.2 (20%) per month. Assume that the labor force today (period t = 0) is 100 million. What is the steady state unemployment rate for this economy? In the ..
In the 1980s, Progressive was a small auto insurance company that sold most of its policies to people who had poor driving records and could not qualify for the standard rate policies sold by other insurers. Progressive charged higher premiums for th..
What made secession a significant trend in the history of the United States? It led directly to the American Civil War. It changed the national identity of the North. It signaled the abolition of slavery in the South. It resolved the Nullification Cr..
So if trade barrier is reduced the Chinese economy will go down also affects the economy of the whole world. Do you agree or disagree with this argument.
Consider two fictional economies, one called the domestic country and the other called the foreign country. Given the transactions listed below, construct a balance of payments account for each county. Include a statistical discrepancy.
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