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1.How would you go about deciding whether person A or person B gets more personal benefit from each of the following?(a) An electric fire; (b) A clothing allowance of ; (c) Free higher education ; (d) Child benefit?
Do your answers help you in deciding how best to allocate benefits?
Do an economic analysis of two giant competitor brands, Coke and Pepsi, in the context of them being rivals in the "Twenty-First Century" and use all the knowledge you have gathered over the last several weeks.
Explain the basic distinction between microeconomic analysis and macroeconomic analysis. Describe the types of issues that each branch of analysis focuses on - Describe the types of issues that each branch of analysis focuses on.
Explain and apply the core principles of at least two ethical theories to draw specific moral conclusions about the question you are discussing.
Explain how the holding of a range of assets in peoples portfolios may help to create a more direct link between changes in money supply and changes in aggregate demand.
Assume, after graduation, you take a job in a company in Chile that manufactures faux leather shoes. One day, your boss comes in and says, "this company is not operating at a profit
Pepsi manufactures Fritos and Lays potato chips in addition to its basic soft drink products. Discuss and explain potential ways that this business combination might increase value.
Prepare a Marginal Cost Analysed Income Statement for 2014 from the above data to identify total and individual medical procedure contributions and profits.
What is the labor-intensive good and what is the Marginal Rate of Transformation impact?
In building the aggregate expenditures model, Keynes believed that A. economies are normally at full employment and thus frequently susceptible to bouts of inflation. B. massive unemployment of labor and capital created conditions where sudden demand..
Suppose you have a machine tool manufacturing company that produces one standardized type of tool. Your total costs change as demonstrate in the table below:
What is the opportunity cost of one more candy bar? What is the opportunity cost of one more bag of peanuts? How do the opportunity costs change - Determine the average variable cost?
Does the result represent a prisoner's dilemma situation - determine which proposal will be the final outcome and explain the decision making process briefly in one paragraph.
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