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Question: Another important law in economics is the "law of marginal returns or the law of increasing costs". Discuss in terms of your study in this course, how might you know that you are at a point of diminishing returns, or where more study will not benefit you like it did before? Can you identify any of the costs discussed in this lesson in your decision about how much study is enough? MUST BE 250 WORDS AT LEAST.
What feature in this example leads to the result that you don't need to know the amount of taxes collected by the government to find the equilibrium?
How does Real Growth GDP impact on inflation, unemployment, exchange, real interest and NX (net export ) rate?
Cars that drive themselves. Study progress, safety, and social issues related to an automated system such as automated highways and self-driving vehicles.
What do we call a new firm focused on creating and introducing a particular new product or employing a specific new production or distribution method?
During the 1990s, Apple Computer saw its global share of the personal computer market fall from above 10 percent to less than 5 percent. Despite a keenly loyal customer base, Apple found it more and more difficult to compete in a market dominated ..
Find the equilibrium quantity and price. What is the total health expenditure on the services considered in the demand-supply functions?
According to the Heckscher-Ohlin theorem, is Russia capital abundant or labor abundant? Briefly explain. What is the impact of opening trade on the real wage in Russia? Briefly explain.
In terms of securing data, what reasonable practices should consumers be able to expect when submitting personal information, such as credit card information, social security information, physical and e-mail addresses? How might P2P sites, such as..
What would be the cost of more butter, if the economy is at point C? What would be the cost of producing more guns? How does the shape of the production possibilities curve reflect the law of increasing opportunity costs?
Explain how a bank's ability to create transaction deposit accounts through loans creates money.
The firm's stock is currently selling for $39 a share and has a dividend yield of 3.8 percent. What is the firm's cost of equity?
"Suppose the government decides to increase taxes by $30 billion in order to increase Social Security benefits by the same amount. How will this combined tax-transfer policy affect aggregate demand at current prices"
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