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Question: The purchases of electric plug-in hybrid cars are on the rise in the state of California. The Chevrolet Volt is selling well, despite being sold at a price that doubles that of similar gasoline powered cars made by Chevy. Other automobile makers like Ford are adding plug-in hybrids to their lines at an incredible pace. What is the reason for the rising sales of plug-in hybrids? Is this an increase in demand or an increase in quantity demanded?
Explain the effects of the $26 a week increase in the minimum wage on the workers' surplus and the firms' surplus. Has the labour market become more efficient or less efficient? Explain and show the welfare measurement analysis in the graph.
Discuss the advantages and disadvantages of the healthcare system in the UK
Which factors make the strongest impact on your personal labor productivity, or that of your closest family member, if you don’t have a job? What actions can a person take to increase his or her labor productivity? Does capital formation affect labor..
How many books and movies would maximize your level of satisfaction given the budget of $60.00 and are the charts above consistent with the Law of Diminishing Marginal Utility? Why or Why not?
List 2 examples of service offshoring in practice in Manufacturing and in another industry. Evaluate the appropriateness of offshoring this service
a clean water project in developing country would a?ect the health of a village of 500 people 100 children 300 workers
An economy is in long-run macroeconomic equilibrium when each of the following aggregate demand shocks occurs. What kind of gap-inflationary or recessionary-will the economy face after the shock, and what type of fiscal policies would help move the e..
Suppose your marketing department does a survey of potential users and finds that these users place the following values on the two versions of your software If the numbers of home and commercial users are equal, and you cannot distinguish between ..
Discuss the role capitalism plays in corporate decision making. Prepare an argument explaining the major reason why you support either the consumer or industry.
Suppose the inverse market demand for silicone replacement tips for earbud headphones is p = pN - 0.1Q, where p is the price per pair of replacement tips, pN is the price of a new pair of headphones, and Q is the number of tips per week. Suppose ..
Identify the opportunities and threats for the development of global companies. Mention economic arguments for government interventions.
Based upon this, compute a 90% confidence interval for the proportion of all individuals in this city who are dissatisfied with their working conditions.
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