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Q. Suppose that re are 10 million workers in Canada and that each of these workers can produce either 2 cars or 30 bushels of wheat in a year. A. What is opportunity cost of producing a car in Canada? What is opportunity cost of producing one bushel of wheat in Canada? B. Draw Canada's PPF with wheat on horizontal axis and cars on vertical axis. If Canada chooses to consume 10 million cars, how much wheat can it consume without trade?
If you were a manager at PepsiCo, would you try to convince your colleagues that introducing the new soft drink is the most profitable strategy.
The difference between the cost to produce the CDs and the price you paid for them spending $30 on two new CDs spending $30 on dinner and a movie with your friends.
Illustrate what is the expected return of the remaining portion of Peggy's portfolio.
Calculate the initial level of output per person, the growth rate of output per person also the level of output per person after 100 years.
Illustrate what happens to wheat farmers and the market for wheat when university agronomists discovers a new wheta hybrid that is more productive than existing varieties? show graphically.
Does either player have a dominant approach Does either have a dominated approach. Explain.
Suppose you are told that price of Toyotas' has increased from last year as has the number bought and sold. Is this an exception of the law of demand, or has there been a change in demand or supply that could account for it.
Suppose the interest rate lowered to 3.75%. What would be the market price of the bond.
Explicate the difference between balanced growth strategy and unbalanced growth strategy.
Does Zara experience disadvantages from its "fast-fashion" allocation system. Are these disadvantages offset by the advantages.
Describe three problems of decentralization that occurred under the Articles of Confederation. For each problem you list, identify one solution that the Constitution provides to address the problem.
Illustrate what amount of profit does the industry fail to pick up by refusing to increase output by one unit
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