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What is the Free Trade Agreement of the Americas? Most arguments for or against the FTAA are based on the success and/or failure of the NAFTA agreement. Based on your research of these two agreements, do you think the FTAA should be established? Why or why not? Defend your answer.
Make a business plan of a mini golf, with actual real numbers and information, like i was going to build one
In the short run, what is the profit-maximizing price of e-books relating to do-it-yourself topics? At the profit-maximizing quantity, what is the average total cost of producing e-books?
Assume that a competitive market has an upward-sloping supply curve and a downwardsloping demand curve, both of which are linear. A tax of $0.10 per unit is currently imposed in the market. Suppose that with the tax the equilibrium quantity is 70,000..
First, compare fares and product offerings of low-cost-carrier and a comprehensive network carrier from either the U.S. or Europe. Compare and contrast the ticket prices and product offerings of the two airlines. Use care that the fares are comparabl..
Suppose a consumer spends her income on lobster and frozen pizza. Assume that the consumer has an income of $600, the price of lobster is $50, and the price of frozen pizza is $6. Using indifference curves and budget constraints show the income and s..
According to the National Association of Colleges and Employers, the 2013 mean annual salary of business degree graduates in accounting was $54,950. In a follow-up study in June 2014, a sample of 48 graduating accounting majors provided the following..
Assume that you are going to start a small business of your own. Further, imagine that you are able to adequately differentiate your product, or service so that you can establish your business as a monopolistically competitive firm. Describe the busi..
Use a production possibilities frontier to illustrate the production options. Be sure to label your drawing. Identify a point that is efficient.
Suppose the government increases aggregate demand to a level that increases GDP above its long-run equilibrium level. What sequence of events would follow? A)Prices rise; nominal GDP increases; workers demand higher wages; short-run aggregate supply ..
Discuss how to close a recessionary gap. Discuss how to close an expansionary gap. What is the target and what happens if the policy "over-shoots?" What happens if a president tries to lower the unemployment to win the election? Did this ever happen?..
Assume 3 firms, A,B, and C, compete for market share via quantity competition. Assume all firms have the same constant marginal costs cA = cB = cC = 1 and that market demand is given by D(p) = 101 minus p. Solve for the unique N.E.
What is the Nash equilibrium of this pricing game? Is there a better solution to this game? If so, what mechanisms would you advise General Electric or Westington to put in place to increase the likelihood that both parties agree to the better soluti..
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