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The International Criminal Court (ICC) was established to bring justice to those committing crimes against humanity, war crimes, or genocide. It was established as an extension of the Rome Statute, and only has jurisdiction over countries that signed this treaty. At this time, the United States is not part of this agreement, and thus does not fall under its jurisdiction. Construct an argument for joining such a treaty, detailing the benefits that international treaties may offer their members and which also addresses the possible public concerns over the loss of national sovereignty.
Explain the effect these vending machines have on the speed of market adjustment. Have you ever wanted to buy a soft-drink on a very hot day, only to find that the vending machines are sold out. How would widespread use of such vending machines af..
Suppose the price of food increases from Px1to Px2. On a clearly labelled graph, illustrate the income and substitution effects of the price change on the consumption of food.
Discuss how the requirement of a goods and the availability of substitutions impact price elasticity.
Simpson's Scuba Company is a manufacturer and retailer of scuba machine. Currently, the Company has no coordinated cash management system, and the firm's management has decided to focus on ways to improve the cash collection process.
There are still a lot of unanswered questions about aspects of the ACA law related to the essential benefit package. What does it include? Who will the Cadillac tax apply to? How large can we make incentives for healthy behaviors? What questions a..
Identify and define three components of a country's balance of payments. Describe the historical process of trade barrier reduction.
A company is trying to provide goods and services to customers in a balanced customer benefit package CPB. Do you see any conflicts in a goods-producing versus service-providing way of thinking
Elucidate from a financial point of view why a firm might want to stay in business in the short run when total revenue is below total costsElucidate from a financial point of view why a firm might want to stay in business in the short run when tota..
suppose we have a data set with only two observations y1 and y2. the general formula for the sample average is sample
SSL is an acronym for Secure Sockets Layer, an encryption technology that was created by Netscape. SSL creates an encrypted connection between your web server and your visitors' web browser allowing for private information to be transmitted withou..
Suppose in the market for iPhones, the following two changes take place: (1) the cost of making iPhones rises and (2) customers begin to prefer Android-platform smart phones over iPhones. What happens to equilibrium price and equilibrium quantity?
Suppose the Indiana Power Company wishes to maximize profits. The cost, demand and revenue functions have been determined and given below. Determine Indiana Power's profit maximizing price, output and level of profits. Q = output level, P = Pri..
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