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Provide the definition of GDP (This is not a typo, you can't get out of a Macro course without having the definition of GDP down pat).
Amazon uses machine learning to help customers select products. Can this technology increase or decrease supply? Please explain using examples. Does this technology affect prices?
Should he play? What is the lowest probability of a correct guess that would make playing profitable?
Suggest at least two SQL optimization techniques that can be used to enhance the data access turnaround time and transaction processing time.
How does the price elasticity of a good or service affect who pays a tax on it? the buyer? or seller? Please explain in details with example.
Max has the utility function U(x, y) = x(y + 1). The price of x is $2 and the price of y is $1. Max’s Income is $11. How much x does Max demand? How much y? If his income doubles and prices stay unchanged, will Max’s demand for both goods double?
If the output from a land source brings revenue of $400, transport costs of shipping this output to market are $55 and the land used in production is 4 acres, what will the rent for this land be? If you can’t solve this problem, state why it is not p..
If John and Jose are not able to recognize and respect cultural differences, they may contribute to the emergence of which type of conflict?
"In a 2x2x2 Heckscher-Ohlin context, when a relatively labor-abundant country moves from autarky to trade, the real return to capital in the import-competing industry decreases and the real return to capital in the export industry also decreases."
A particular economy has consumption of$400 million, a government deficit of $100 million, taxes of $250 million, and income of $800 million. Which of the following statements must be true?
What would be the monopolist price and quantity? Calculate the profit for the monopolist and the DWL . Calculate the learner index for this monopolist. Now assume that the government imposes a specific tax of $1 per unit. What will happen to price an..
q1. would you advocate monetary restraint or stimulus for todays economy? who would disagree with you?q2. why is the
a) What is the break-even point in a pair of shoes sold for the company? b) What is the dollars sale volume the firm must achieve to reach the break even point?
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