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Macroeconomics Assignment.
No Free lunch - "There is No Such Thing as a Free Lunch"
Begin this case by listing products that you may think you might be able to get for free. (for example, coupons for free food or drinks at fast food restaurants or buy-one-get one- free gimmicks). After making the list, please write an analysis, based on personal experience, research, and other resources as to how a restaurant or other place of business would be able to pay for that product. Discuss how no product is really free, how producers may raise the price of other items to pay for the so-called free items. Justify the term many economic educators use: TINSTAAFL. TINSTAAFL is an acronym for There Is No Such Thing as a Free Lunch. Explain the notion that nothing in life is free because there is scarcity and each society must deal with this scarcity.
Explain "political socialization" and "agents of political socialization."Describe your personal political socialization. Briefly discuss your current political values, beliefs, and opinions, and explain how (through political socialization)
Taiwan Electronics produces 3 models of the CB radios, A, B, and C-Employ the transportation model to find out the best production schedule.
Explain why is a struggle underway in Cuba between social equality and the free market. Why did Cuba permit free markets? Who in the video wants Cuba to remain socialist.
Why is there unemployment even when the economy is at "full employment"? What are some "costs of unemployment"?
Two company face a demand equation given by: P=200,000-6(q1+q2) where q1 and q2 are the outputs of the two firms. The total cost equations for the two company's are given by:
Outdoor Sports Corporation, with its main office in Iowa, is considering opening a branch office in Los Angeles. Under normal economic conditions, which have a 45 percent chance of occurring,
Provide a personal example that you have witnessed in terms of inflation and what future factors will increase the GDP of the U.S., and what factors will decrease GDP?
"Niche strategies are generally more profitable than "mass- market" strategies because they usually imply weaker price competition." Comment.
Why are most environmental resources un-priced (or under-priced) and what are the consequences of this? Under what circumstances is it desirable to monetize priceless environmental amenities?
Discuss how the requirement of a goods and the availability of substitutions impact price elasticity.
At its meeting today, the Board decided to leave the cash rate unchanged at 2.0 per cent. The global economy is expanding at a moderate pace, with some further softening in conditions in China and east Asia of late, but stronger US growth. Key comm..
only one tester may be bought and the press will not need overhauling if the line improvements are not made. what mutually exclusive project combinations are available if Angus Auto will invest in at least one
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