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Explain (with the help of an example) the concept of derived demand for factors of production. The answer must be explain the concepts as if your explaining it to a person who have no knownlege with the subject.
A primary cause of inefficiency in government is that. According to the survey reported in the text, most people believe that health related goods and services should be allocated by the ___ allocation mechanism. An illegal drug dealer will maximize ..
If an option existed for an equivalent computer system to be purchased for $810 per month, paid at the end of each month in 2012, should they take this plan instead? Explain Answer!
Two investors have each deposited $100 million in a bank. The bank has invested these deposits in a long-term project. If the bank is forced to liquidate the investment before the project matures, a total of $160 million can be recovered. How many pr..
Barney's Liquids and Aunt Bee's Lemonade plan to expand their international partnership for the marketing and distribution of ready-to-drink tea products by adding 11 countries to their current markets. If the agreement is reached, operations are exp..
In this example, in which industries will free trade cause employment to be LOST? (Where will resistance to free trade arise?) Cotton is fish
Discuss Explain how "Game Theory" can be used to improve strategic decision making in competitive situations.
Changes in the macroenvironment affect individual firms and industry through the microeconomic factors of demand, production, cost and profitability.
Let's say there is a company that benefits from the protection of state and local governmental agencies. And that company funds its budgets through proper taxes. The product that the company create is one that every person, from 5 to 18 years old, wh..
Researchers have found a hybrid of corn that is cheaper to grow. This technological breakthrough
Have you ever noticed that prices changes from time to time for seemingly no reason? Well, believe it or not, there is most definitely a reason. Businesses try to extract as much money as possible from consumers for their products. What are some of t..
step by step all work shown answer and please show all calculations and how you got answer and make it very detailed all work shown please.
The American people express a relatively high degree of confidence in the military as an institution yet express less confidence in Congress than in other major institutions. Could people be holding various institutions to different standards, and if..
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