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Henry Carey sharply criticized Ricardo and Malthus’s theory on several grounds. Summarize these differences. Explain how differing conditions between the United States and Europe influenced these differences.?
Suppose a town is interested in providing a public good, crime prevention, to a community. There are two people who live in this community Sam and Sara. Sam's demand curve for crime prevention is given by q(Sam)= 100-2p and Sara's demand for crime pr..
A justification for job training programs is that they improve worker productivity. Suppose that you are asked to evaluate whether more job training makes workers more productive. However, rather than having data on individual workers, you have acces..
The vast majority of consumers have a relatively inflexible leisure budget. If sports team moves to town, the money one spend taking a family to a game typically is money that is not spent at a local bowling alley, golf course, restaurant or theatre...
Illustrate why might Fourth of July fireworks be considered a public good. who should pay for them. what about airport security.
Discuss stress and how it varies across cultures. How do legal, cultural, and economic factors influence product policy? Why are brand names an important marketing tool for international business?
Assume that a firm's only variable input is labor. When 50 workers are used, the average product of labor is 50 and the marginal product of labor is 75. The wage rate is $80 and the total cost of the fixed input is $500.
There are 10 households in Lake Wobegon, Minnesota, each with a demand for electricity of Q = 60 – P. Lake Wobegon Electric’s (LWE) cost of producing electricity is. If the regulators of LWE want to make sure that there is no deadweight loss in this ..
The U.S. money supply (M1) at the beginning of 2000 was $1,148 billion broken down as follows: $523 billion in currency, $8 billion in traveler's checks, and $616 billion in checking deposits. Suppose the Fed decide to reduce the money supply by incr..
Describe the business and its likely main competitors and how would you structure your advertising and customer service to differentiate your product/service?
Take into account the due dates. Prevent plagio. Late assignments have a penalty of two points. Submit assignments as attachment for easier correction.
For the industry you have chosen, discuss how price moves from today to the future.
Explain why the R-squared from the regression from F test will always be at least as large as the R-square from the BP regression.
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