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Define economies and diseconomies of scale, explain how each is possible, and relate each to shapes of long-run average total cost curves.
Given major housing boom that contributed to economic growth in the United State from 2003 through 2008, some of revenues that local governments received were from development impact fee.
Argue that the main goal of a firm in a market economy is to maximize profit shareholder wealth over the long term. How might this impact stock price in the short term.
At present political campaigns, taxes and budget policy were key issues. White House budget packages are often created to stimulate economic growth.
You are a pharmacist in a small town. Explain how can you use this information to your advantage.
"We have too many hotels in this town already. Statistics show that vacancy rates average 20 percent on any given night." Assuming this is correct, evaluate his negative assessment of the situation in terms of business-stealing and product-variet..
use the long-run model of a small open economy to illustrate graphically the impact of this decline in consumer confidence on the exchange rate and the trade balance.Assume the country starts from a position of trade balance.
The country of Arkanslavia had money supplies of 183 million arkollars in 2010 and 644 million in 2011. They have real output of 791 arkollars in both years.
Use Excel program to estimate of the state's demand for KBC microbrews in Ohio. Print (past) the computer regression output and provide an economic interpretation of the regression results.
Show that leisure must be a normal good for the labour supply function to be downward sloping.
Suppose that in 2012, the following prevails in the Republic of Askil; Suppose that households consume 75% of their income and save 25% of their income.
Describe the distinguishing features of various forms of regional economic integration, including their benefits and costs.
If you could identify which the group to that each consumer belong to explain how would you go about setting prices.
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