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1. Compare the participation rates, employment levels, and income levels of Blacks in the United States with those of Whites in the United States.
Wyandotte Chemical Corporation sells many chemicals to automobile industry. Wyandotte currently sells 30,000 gallons of polyol per year at an average price of $15 per gallon.
Economics for the Global Manager
1.Do behavioral theories of the firm allow us to make any predictions about firms prices and output?
Define three types of elasticity of demand. Indicate how you would use information from recent research paid by your company that the own price elasticity of your product is -1.2 and not -0.8 as previously thought.
It is often argued that international convergence of economic indicators is a desirable objective. Does this mean that countries should all seek to achieve the same rate of economic growth, monetary growth, interest rates, and budget deficits as a pe..
Describe any two causes of economies of scale or diseconomies of scale. How is the U shape of long run ATC different from U shape of the short run ATC
Think of a business firm you recently visited (such as Walmart, Home Depot, Red Lobster, Barnes & Noble, McDonald's, etc.). What motivated the producers of all the individual products in the store to make them and offer them for sale?
Concept raised in the Dasgupta article in the terms of theoretical microeconomics. Do not try to solve the problem. Simply try to structure the optimization decision.
The board of trustees of the University of Medford has been asked to reconsider this policy. Provide an economic argument to explain why the board of trustees might want to continue this policy.
You propose the following portfolio: 20% in A, 25% in B, 30% in C and 25 percent in government securities invested at the risk free rate. Suppose rate of return on A is 17%, B is 8 percent, C is 12%, risk free is 5 percent.
Say there is a natural disaster which wipes out all of tomato plantation of one country. so there is a drastic increase in the price say from $6 to $15 a kilo
Critically evaluate the performance of the trade policies being applied in french in terms of their effect on the economic development
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