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Consider the issue of minimum wage law: under which type of moral theory would such a law be justified most strongly? In what ways are utilitarian and capitalist notions of justice consistent? When do they differ? Using an example discuss the relative strengths and weaknesses of each approach
Suppose that the money market is initially in equilibrium for an economy. Describe with the aid of a diagram how market adjusts to an increase in money supply, an increase in real GDP
Given a 50% learning curve, where the first unit costs is $1,000, the cost of the 4th unit would be: a. $800 b. $250 In the linear break-even model, the difference between selling price per unit and variable cost per unit is referred to as: a. varia..
choose and research a specific business that is publicly traded where there has been a pattern of change in a
.economists have taken opposite stands on the effect advertising can have on the level of competition in a
ibm purchased computer chips from nec a japanese electronics concern and was billed yen250 million payable in three
Give a definition of Pareto Optimal Allocation in this economy. Find out all Pareto optimal allocations and graph them in the Edge worth Box and also describe what is the theory of Second Best? Prove the theorem by using a diagram.
Outline a microeconomic reform issue that is relevant to the Australian economy and how successful do you think these reform measures were and say why referring to some data or research that has been performed?
Calculate the equilibrium price and quantity, consumer surplus, producer surplus and total surplus under autarky (that is, when Monona has a closed carp market).
for livia coffee and tea are perfect substitutes one cup of coffee is equivalent toone cup of tea. suppose livia has 90
nancy is consuming her optimal consumption bundle of burritos and margaritas. the marginal utility of her last burrito
Discuss and explain how coaching rather than managing people can enhance a leader's understanding of RQ and therefore provide a better understanding of their followers.
a pharmaceutical company conducts a study to evaluate the relationship between length of time taking drug x and size of
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