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Evaluate: "The fact that some airplanes collide is evidence there is 'too little air traffic control'." (Be sure to explain what too little might mean.)
Find the optimal (profit maximizing or cost minimizing) output of each firm. Find the price that each firm charges at the when producing the optimal output.
Explain the influence that transferable property rights versus non-transferable property rights, has on individual decision making.
True/False: For each of the following concepts, decide whether it's true or false, and briefly explain why (2-3 sentences). You can also use diagrams if they are helpful. Each correct answer is worth.
Describe unemployment and the unemployment rate. Might we be able to say "Job Stats: Too Good to be True?"
Application of Nash Equilibrium and Game Theory with examples
Discuss the advantages and/or disadvantages of distributing marketable pesticide permits to each farm operating in the watershed equal to 40% of its current level of use of that pesticide, versus simply ordering each farm to reduce pesticide use t..
Vulnerability Analysis
Changes in government spending and interest rates
Plot the wage- setting and price setting equation or a property labelled graph and identity the nature rate of unemployment.
Explain International Monetary System
When a recession is over, do people begin to immediately feel the effects of an efficient economy? Use the experience of the most recent recession to justify your answer.
How much does the gross price increase in each market
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