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What is eciency wage? Why do (some) firms want to pay eciency wage? How is it related to our standard result "wage equals marginal product"?
Draw demand, marginal revenue and marginal cost curves for each market. Approximate profit maximizing prices and quantities graphically and/or determining solutions algebraically. Illustrate what are firm's total profits.
It is no secret that China has a large trade surplus with the United States. Our open and large markets are very attractive to manufacturers all across the globe. Is it in the long run interest of the United States to maintain such trade deficits? Is..
Elucidate how much would the industry save by raising all of the debt now, in a single issue, rather than in three separate issues.
q1. does the existence of poverty imply that our socioeconomic system is unjust? does the concentration of poverty in
Cost-push inflation is a rise in the general price level due to higher input prices. Cost-push inflation is a rise in the general price level due to the economy operating past or above potential output/income.
In 2010 and 2011, the government of Greece risked defaulting on its debt due to a severe budget crisis. Show, using the bond market graphs, the effect on the risk premium between Canadian government debt and comparable maturity Greece debt.
If the Japanese central bank maintains the disequilibrium fixed exchange rate of 150 yen per U.S. dollar, what happens to Japan's foreign reserves?
Outline the elements of an IMF stabilization package. Provide example of a country- one where the package has not been successful in heloing with the balance of payment deficit. Explain in detail why the package failed in that country. Be sure to cit..
Identify and state some reasons why household incomes are different, and which factors are the most important? with references for further reading if possible.
Electric Company is considering the purchase of a hillside ranch for possible use as a windmill farm sometime in the future. The owner of the 500-acre ranch will sell for $3,000 per acre if the company will pay her in two payments - one payment now a..
The goal of the discussions is to share concepts, theories, ideas, and to learn from the collective knowledge and experience of your peers and instructor.
A mechanical engineer must recommend an A/C system to a commercial building owner. The owner intends to own the building for at least 10 years. A chilled water system has a design life of 10 years, an initial cost of $60,000, and annual operating cos..
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