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Define external economies of scale and using a graph explain how head start rather than comparative advantage may determine the direction of trade.
Points that lie outside the production possibilities curve are ______, and points that lie inside the production possibilities curve are ______.
The current spot price of a stock is $50, the expected rate of return of the stock is 7%, and the volatility of the stock is 20%. The risk- free rate is 5%. Find an 80%-confidence interval for the stock price in 3 months. Also compute the expected pe..
What is fiscal policy? What are the fiscal policy tools available to the government? Explain and show graphically the impact of fiscal policy on equilibrium real income and interest rates. What is the government's budget equation? What is Crowding Ou..
Porter’s five forces of competition are as follows. Give an example of an industry where profitability is low (besides the airline industry). Apply the 5 forces to your chosen industry and demonstrate how those forces can lower profitability.
1 which of the following is not a high energy density source of energya solar energyb nuclear energyc all of the
Deadweight loss and market failure are created when a market produces
Elucidate problem which is posed by any comparison over time of the market values of various total outputs? How is this problem resolved.
Briefly discuss the two problems that arise when considering the resource use in travel and tourism. Why are the rewards for resource use in tourism often low? List and discuss various reasons.
Lady Gaga has come to you for advice. She has balances at three department stores as shown in the table below. The monthly interest rates vary between stores as shown. She wishes to pay off all three accounts by the end of three months. She will allo..
The Chicago Board of Trade voted to create a private market for right to emit sulfur dioxide. The Clean Air Act of 1990 established a limit, beginning in 1995, on total emissions of sulfur dioxide from 110 power plants. Firms finding it relatively ex..
Illustrate what do you agree with the speaker. Explain your answer with the use of a graph indicating the firm's short-run cost structure.
Using the following table, compute the 95% confidence intervals for the expected annual return of the four different investments.
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