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If a business owner wants to increase his/her business revenue what should he/she do with the price of the goods he is selling:
a. increase price
b. decrease price
c. increase or decrease price depending on the which portion of the demand curve the price currently is located.
d. consult Madame Lenormand who will predict the correct move
What are the advantages and disadvantages for both employers and employees of resolving disputes through ADR? Why would a company have an employee sign a commitment to resolve disputes through ADR? What other methods exist for resolving disputes?
Explain why do you think we have laws that prohibit discrimination in pay based on sex or race but permit employers to discriminate in pay based on education or experience.
Illustrate what effects can the ownership of a significant part of a private firm by the government have on the firm's decision-making process and on the economic system in general
Other things being equal, a rise in a country's terms of trade increases its welfare. What would happen if we relax the ceteris paribus assumption, and allow for the law of demand to operate internationally
Briefly discuss two limitations of the Specific Factors Model? In what ways does the Hecksher-Ohlin Model complement tire Specific Factors Model
Determine how can federal government spending crowd out private sector investment and consumption and does the exent of crowding out depend on whether or not government spending is financed by taxes.
Assume a currency swap in which two counterparties of comparable credit risk each borrow at the best rate available, yet the nominal rate of one counterparty is higher than the other
If both the agency and the board are right about demand and supply, what is the free market price? What is the change in city population if the agency sets a maximum average monthly rental of $300, and all those who cannot find an apartment leave ..
What aspects of the formal role of a Texas governor demonstrate why it is considered weak? How does the governor use informal powers to demonstrate to the public the strength of the governor's role?
Discuss the similarities between the 1986 crude oil price collapse and the current slide in oil prices that began late 2014.
Bolivia does not have a comparative advantage with respect to the United States in the production of any good or service." (Hint: You do not need any specific information about the economies of Bolivia or the United States to be able to answer thi..
Illustrate what Information do you require to perform a marginal analysis to identify the profit-maximizing output.
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