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Price competition in oligopoly leads to a perfect competition outcome . how far is this true?
Deficit spending for education and scientific research may impose less of a tax burden on future generations than deficit - financed increases in transfer payments. Do you agree or disagree? Explain your answer.
Could NASCAR have done anything differently to insulate itself against the economic downturn - What should the series be called? Where will races be held? What companies
Everyone's Gasoline Problem. We are all familiar with fluctuating prices of gasoline at the pump. Why does this happen? Research the recent history of gasoline pricing in your area, and attempt to relate any fluctuations you observe to documented ..
Examine the various effects of an export subsidy for a small exporting nation and what is meant by currency devaluation by a country? Explain how a country's currency devaluation could improve its balance of trade.
What is the Central Limit Theorem? How is it Used? Why is it Important?What is the Standard Error and How Can You Reduce It?
The international unit of accounting used by the International Monetary Fund (IMF) is called, A multinational agency that specializes solely in making loans to promote long-term development and growth in developing countries is the
Compare the consumer surplus, producer surplus, and total surplus in this condition to those same measures in a perfectly competitive market.
Discuss the difference between the CPI measure of inflation as collected by the Bureau of Labor Statistics and the Billion Price Project (BPP), which is developed by researchers at MIT.
What is the trend in the Global Oil prices? What is the impact of increasing the global oil prices on Qatar Economy?
A risk adverse individual has to choose among $100 with certainty and a risky option with two equally likely outcomes, $100-x and $100+x. Use graph or math to show that this person's risk smaller, the smaller x is (the less variable the gamble is
Aura has a utility function given by U(X, Y) = 4X0.5Y0.5. The current prices of X and Y are $25 and $50, respectively. Laura currently has an income of $750 to spend on X and Y.
What is the difference between a normal-form game and an extensive-form game? Define in words what a dominant strategy is and What is a payoff-matrix?
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