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A tariff is a tax on imports. Use the model of the excise tax to explain why domestic firms ask their government to "protect" them with a tariff. Consider the winners and losers from the tariff. Why do economists tend to think that tariffs are a bad idea?
A commuter drives 10 miles on a highway at 60 miles/hour, and then drives 10 miles on local streets at 15 miles/hour. Use the harmonic mean to find the average speed of the trip.
Ethics begins at home. What moral and ethical problems do you observe around your school? What seems to be causing the collapse of values, if that is what you perceive? Or what keeps students on a moral and ethical journey?
Your group's assignment is to write a Business Project Proposal for the new small organization you are about to start. Information Systems is an integral component of your new venture. Use APA format when writing your paper. Your business proposal..
Your paper should be written using a word-processing program, likely Microsoft Word otherwise a Word-compatible program.
Which of the following refers to business cycles?
Appalachian Coal Mining should minimize net cost by choosing that level of pollution
Should the firm produce? The firm should produce as long as the market price >= Average Variable Cost (AVC).
In the Wall Street Journal article included in this week's lesson, what change in the small drugstore chain's product differentiation strategy has helped lift profitability? What has been responsible for the success of this strategy (who comprises th..
A Monopolist firm sees the following demand, find the marginal Revenue
What is the equation for national saving? Calculate the equilibrium interest rate, aggregate level of investment in the economy, and the aggregate level of national saving. Illustrate in a diagram.
"Because of unusually good growing conditions, the supply of strawberries has substantially increased." This statement indicates that:
Consider a small modification to the one period labor supply problem that we studied in class. Specifically, assume that the individual seeks to maximize utility, U(C) + V(Leisure) subject to the budget equation PC = W L + D. The only new element in ..
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