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1. What is Malthus’ theory of effective demand?
2. What is Malthus’ solution to the problem of general gluts?
3. Describe how Ricardo and Malthus came to different conclusions concerning the Corn Laws.
4. Hunt states in chapter 5 that the utility theory of value supports the social harmony view of the invisible hand in the market. Describe.
5. Describe why the labor theory of value of the classical economists supports the conflictual view of the market economy. Use examples.
an interesting example of strategic behavior comes from a 1997 article about microsoft?s investment in apple new
lge is one of the leading global companies in the industry. it is composed of five divisions air conditioning
Why do producers have more interest in government regulations than consumers do (a) Compare and contrast the public-interest and special-interest theories of economic regulation. What is the "capture theory" of regulation
What is the profit maximizing price and quantity of output for Ajax, assuming it is an unregulated monopoly? What are its profits?
Many economists think that we are in the very early stages of putting computer technology to work and that full incorporation of computers will cause a massive restructuring of virtually every institution of modern life. If they are right, what ar..
A. Why money is the main cause inflation B. Discuss the relationship between inflation and interest rate. Do an international relationship exist, yes no HOW
.if individuals are free to produce whatever goods they want, then when excess profit is being made, more people will enter into the production of that good and consumers will benefit as the price is pushed down.
complete the supply and demand simulation located on the student website.write 1050-word paper of no more than
suppose you are the main negotiator between your company and retailers carrying your companys line of dairy products.
Boone County Commissioners want to construct a road to provide another access to a new development to reduce emergency response time. The cost of the road is $350,000. It is estimated that it will cost $2500 to maintain the road the first year.
consider the following problem there are two generators in this system and there is a load of 1000mw. there is only one
imagine you are the marketing manager responsible for developing marketing strategy for a bicycle company. propose the
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