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If the unemployment rate in 2010 had not risen since 2008, how many more workers would have been employed in 2010? (Use Figure 6.1 and this book’s endpapers).
the display creates negative externalities. government should tax the producers of holiday lighting. resources are currently overallocated to the provision of holiday lighting in Anytown. resources are currently underallocated to the provision.
You appoint an intern from Southern University to help you examine your production process, and she uses your historical cost records to estimate that your total cost function is C(Q) = 100 + 2Q + 3Q2.
The majority of the world’s diamonds comes from Country A and Country B. Suppose that the marginal cost of mining a diamond is $1,000 per diamond and that the demand schedule for diamonds is as follows
a explain why the assumption of imperfect competition is necessary for endogenous growth models.b how might well
a bookstore opens across the street from the university book store ubs. the new store carries the same textbooks but
Explain the difference between a normal good and an inferior good. Would your answers to question 7 change depending on whether this good is a normal or inferior good? Why?
assume thata. the u.s. is relatively capital abundant.b. india is relatively abundant in skilled labor.c. tractors
collect data and information about the current economy using legitimate business publications and government website
The learning effect is one form of: a)diversification b) creating value through increasing transactions costs c) creating value through stabilizing transactions costs, d) creating value through decreasing transactions costs
what do you mean by a social welfare function? if you assume that such a function exists what properties of social
Sarah has $300 to allocate between movie tickets and opera tickets. The price of each opera ticket is $60, and the price of each movie ticket is $6. Her marginal rate of substitution of opera tickets for movie tickets equals 5, regardless of what mar..
roshima is researching universities where she could study for her mba degree. she is considering 3 major attributes
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