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By paying a higher-than-market wage, a firm can avoid the problem of:
a- reputation as hostage
b- moral hazzard
c- the winnwe's curse
d- adverse selection
e- symmetrical information
Why is the purchasing of new housing included in the investment component of GDP rather than the consumption component? Also any reason why household purchases of new cars should be included in investment rather than in consumption?
Will these monopolies typically earn economic profits. Why do not other airlines enter these monopoly routes.
The equation for the demand curve for hotel rooms in Boston is given by P = 5000-0.48Qd. The supply curve is given by P = 0.02Qs. Prices are nightly rates in dollars.
q1.if the inverse demand function toaster is p60-q what is the consumer surplus if price is 30?q2. statistically
Describe in detail ow a perfectly competitive industry determines the price and quantity. Explain the role of the firm in this market regarding price and quantity determination. Show your answers utilizing a graph for the market as well as the firm.
Illustrate what government body makes fiscal decisions. Policy makers for national fiscal policies. Explain the effects of fiscal policies.
One effective way to get the message about Individual Assistance to eligible tribal members is to:
Suppose you are assigned the task of drafting a law to impose a tax on smoke emissions. What provisions would you put into the law? How would you decide the size of the tax? What would you do about smoke emitted by a municipal electricity plant?
In which of these instances is demand said to be perfectly inelastic. Elucidate is demand curve is horizontal.
Productivity declines may worsen recessions by causing unit labor costs to:
explain what happens to observed prices in posted offer and double auction markets as the number of sellers drops (b) explain what happens in these two markets as the number of sellers drops to only one seller (c) explain why part (b) illustrates the..
To prevent inflation,the Fed should follow Teddy Roosevelt's advice: 'Speak softly and carry a big stick.'" What would the Fed's "big stick" be? What is the statement trying to say?
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