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56. Q1. "Based on Internet research, select one industrialized country and determine that country's top 5 exported and imported products for the most recent year available. Based on your findings, write a report on whether these trade flows reflect the theory of comparative advantage and provide your rationale.
Q2. The drought in Oklahoma has caused cattlemen to sell off their cattle herds. Explain how does this affect the supply of beef? Explain how does it affect the supply of beef worldwide? Explain how does it affect the demand for chicken?
Q3. For each stock in the stock market, the # of shares sold daily equals the # of shares purchased. That is, the qty of each firm's shares demanded equals the quantity abounding. Thus if this equality constantly takes place why do the prices of stock shares ever change?
q. many small boats are made of fiberglass which is derived from crude oil. assume the cost of oil risesa. using
describe the current account balance, the capital account balance, and the official settlements account balance.
Graphically illustrate the total surplus associated with 2 randomly chosen quantities in the market (put this on two separate diagrams).
Find equilibrium price and equilibrium quantity by solving equations mathematically. Suppose a Research study is published showing that koby beef increases risk for a heart attack resulting in a reduction of 150 pounds of koby beef consumption per..
Explain how will this combined tax-transfer policy affect aggregate demand at current prices.
If it causes output to increase by more than 10 percent, production function is said to exhibit increasing returns to scale. Why might a production function exhibit decreasing or increasing returns to scale.
Calculate the over all MC for the 1st 10 units of output also Specify where each successive unit will be produced.
Proviade two examples of actions taken by a company, government, or organization whose effect is to prevent specific markets from reaching equilibrium.
If you are near graduation and plan to start your new job in 3 weeks, how does the Bureau of labor statistics classify you? Unemployed, employed or notin labor force.
Explain how high should a monopoly set its prices in order to maximize profits. When you post a response to this question, place it in the context of one of the following examples.
In Illustrate what way do competitive markets have a "natural remedy" for discriminatory hiring practices.
A man went to his bank and borrowed $750. He agreed to repay the sum at the end of three years, together with the interest at 12% per year, compounded annually. How much will he owe the bank at the end of three years?
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