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what is the major problem in achieving an efficient use of the worlds water? if there were a global market in water, like there is in oil, how do u think the market would work? would a free world market in water achieve an efficient use of the worlds water resources? say y or y not?
Explain how can this concept be applied to the activities of profit making companies and profit loosing companies or to the revenue and costs components of a firm's net profit.
Label a point f inside the curve. why is this an inefficient point. label a point g outside the curve. why is this point unattainable.
What do you think the increase in productivity is likely to move the economy closer to full-employment or farther away.
Illustrate what were some of the major contributing factors and how did they combine to cause the recession. How were you affected by it.
At the management luncheon, two managers were overheard arguing about the following statement: "A manager should never hire another worker if the new person causes diminishing returns". Is this statement correct? If so, why? If not, explain why no..
If the cost of a substitute product increases, which of the following is most likely to happen in the market for the product under consideration in the short run.
Describe the market structure in which the selected good or service competes. Discuss the implications of the market structure on pricing.
How to Restore Participating and Self-Support to Free Enterprise (Harvard University Press, 197), economist Edmund Phelps offers this plan to help the working poor: apply tax credits for "qualified employers" or hire disadvantaged people for "elig..
Using the simple Keynesian model to assess the implications for equilibrium GDP and the level of savings of an increase in the savings function. What eventually happens to the level of savings? What would happen to equilibrium income if there is a su..
Compute the four-firm concentration ratio (C4) before the merger. Show your work and round your answer to 4 decimal places.
What specific kinds of research, testing, or surveying might you have performed if you were the decision maker in a similar situation in the future What, if anything, would you do differently about the assumptions being made.
Assuming the population is roughly symmetric construct a 95% confidence interval for the mean annual consumption of alcoholic beverages by European young women.
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