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One thousand Patients called up Dr. Kalikorn and asked him to perform a new surgical procedure. Dr. Kalikorn booked all 1,000 and told them that he could perform twice as many procedures, if only he had more patients. What is his quantity supplied?
Which of the following is not a characteristic of a monopolistically competitive market structure
q1. suppose that bargaining as envisioned by the coase theorem can take place and that the homeowners initially hold
When a government or corporation sells bonds to raise money, it can do so in one of two ways. It can target a certain amount to raise or it can target a certain amount to pay back at the end of the bond (this is simplified for the purpose of the prob..
Economists often assume that insurers set premiums (nearly) equal to the AFP for that plan. Is that an accurate assumption? Is a higher “load” on insurance premiums necessarily a bad thing for consumers? When might a higher load be a sign of problems..
Imagine you are an international monetary fund official going to a country whose export earnings are not able to pay for imports. The government has requested a loan from the IMF. In which areas would you recommend the government to cut: education, s..
Three policies used to restrict trade are: Tariffs, Quotas, and regulatory trade restrictions. Discuss pros and cons of each. If the government has to decide on one which one it will?
Your publishing house is about ready to release John Grisham's newest novel just in time for Holiday giving.
How will globalization impact our economy in both short run and the long run? State your arguments "for" and "against" globalization and finally summarize your view on globalization.
Explain how much is the dollar overvalued/undervalued. What do you predict the U.S. real exchange rate with the United Kingdom will be in one year's time.
Now discuss the fact that deflation is the central bank's worst nightmare. Make sure you refer to a real interest rate of -2.68%. Why is this environment such a nightmare for the central bank and monetary policy?
A bloom berg business week subscriber study asked In the past 12 months when traveling for business what type of airline ticket did you purchase most often? a second question asked if the type of airline ticket purchased most often was for domestic o..
A consumer receives income y in the current period, income y' in the future period and pays taxes of t and t' in the current and future periods, respectively. The consumer can borrow and lend at the real interest rate r. This consumer faces a constra..
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