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Assume you own a computer retail store located near your campus (give the store any name you want). You have sold fewer PCs in recent years due to strong demand for macs among university students. You will write a sales letter to reach all student housing units. Your goal is to encourage students to purchase PCs at your store. You can do online research to help you contrast PCs with macs and identify price levels. In the sales letter, attempt to show students the advantages of PCs compared to macs and get them to take specific steps to learn more about or even purchase a PC at your store.
"The Heckscher-Ohlin Trade Theory is about how two countries can get greater gains from trading with each other if they have different resources one have more labor and the other have more capital. The Trade Ruler game is set in "the Hechscher-Ohlin ..
Elucidate why the dam project is considered a public good and discuss whether government intervention leads to a more efficient use of resources.
Elucidate why the boundaries of the firms that group members currently work for are dawn at their current limits, and consider whether there are opportunities to increase the returns generated for your firm's owners by a change to those vertical o..
Identify what type of unemployment each of the individuals below is facing by dragging and dropping the appropriate term into the bins provided. Frictional Unemployment / Structural Unemployment / Cyclical Unemployment
Perfectly competitive markets are considered by economists to be effcient. Therefore government should let those markets run freely without intervention. The provisions of health care insurance, however, are mostly regulated by government in most dev..
q.remington inc. purchases a machine that costs 700000 and has an approximate d useful life of 10 years a macrs
For each of the following utility functions, calculate (or figure out) the MRS and sketch out an indifference curve for U=4, plotting at least 2 points on each curve, and explain whether the preferences violate the diminishing MRS or convexity of ind..
What is the relationship between the multiplier and the marginal propensities? Explain.
Imagine a country divided into four equally sized classes, poor, lower middle, upper middle, and upper. Within each class, incomes are the same. Imagine incomes of the poor class increase by 20%, of the lower middle class increase by 30%, of the uppe..
A practice would like to allocate their resources optimally between the orthopedic and rheumatology departments. The revenues per case generated by orthopedics and by rheumatology are $2,000 and $1,000, respectively.
Ace Inc., an American multinational computer software company, has a large number of hierarchical levels. Each manager is responsible for a few employees and maintains a tight control on them. At Ace Inc., the time taken to make decisions is very hig..
Suppose the market for operating systems were perfectly competitive. What price would be charged? How many would be sold? Would the firms in this industry be profitable?
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