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Briefly explain the historical background and current status of American Indians, Alaska Natives, and multiracial group members in the United States.
Considering Opportunity Cost and Comparative Advantage, how are they related?
Demand for a certain product is forecast to be 9600 units for the year 2014. The product follows the seasonal pattern. Based on monthly forecast that were made in 2011, 2012, and 2013 the January seasonal index was calculated to be 1.25. What is the ..
(a) Determine depreciation charge and book value for Year 9 using straight-line, sum-of-theyears'-digits, and 7-year MACRS depreciation.
Explain the difference between import substitution and export promotion as economic growth strategies for developing countries. Be sure to include in your response both the strengths (benefits) and weaknesses (risks) inherent in both strategies. Whic..
What are some real-life examples of Oligopoly markets? Do you consider these markets to be competitive? (Why/Why not?)
In oligopoly, each firm is acutely aware of the production and marketing decisions of all competitors and carefully considers the potential competitive reactions in all decisions. Discuss whether firms in other market structures consider the potentia..
Consider the following Oligopoly market with two firms which produce a differentiated product and have the following demand functions. q1= 10 – P1 + (P2/2) q2 =10 – P2 + (P1/2) Total Fixed Costs to either firm is 10 dollars and there are no variable ..
This assignment focuses on BitCoins as a possible replacement for the dollar and other currencies.
A 500-MW power plant costs $3,700/kW to be built and the operating cost is $26.00 per MWh produced, including fuel, personnel, maintenance and other expenses. The plant will operate at an average of 85% capacity. What is the total investment to build..
In 1796, Gottfried Christoph Härtel, a German music publisher, calculated the cost of printing music using an engraved plate technology and used these estimated cost functions to make production decisions. Graph the total cost, average total cost, av..
Suppose that all young women were channeled into careers as secretaries, nurses, and teachers. At the same time, young men were encouraged to consider these three careers and many others as well. Using graphs, show the combined labor market for secre..
In the final round of a tv game show, contestants have a chance to increase their current winnings of $1 million to $2 million. if they are wrong, their prize money is decreased to $500,000. A contestant thinks his guess will be right 50% of the time..
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