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Taking Measure"Please respond to the following:•Consider the tasks you do every day to determine how you contribute to the U.S.GDP in ways that are not tracked. Discuss how the GDP might be understood orused differently if such contributions were included (not just yours, buteveryone's).From the e-Activity, imagine you only have one economic indicator to rely on(GDP or CPI) to indicate the health of the nation. Indicate your choice and provide your rationale
gas guzzler motors is one of three major auto producers. it is currently producing 6000 cars a day and selling them at
as an economist for abc plastics your boss has asked you to respond to some questions she has regarding the companys
regarding the four attributes of perfect competition (many small firms, freedom of entry, standardized product, and perfect information): a) which is primarily responsible for the fact that the demand curve of a perfectly competitive firm is horiz..
The monetized disutility of getting an MBA degree (including the actual cost) is $10,000 for a motivated worker and $20,000 for the unmotivated worker. An employer does not know workers' motivation level.
Consider the six reform proposals suggested by the authors at the end of this feature. Indicate why you believe each is either a good or a bad idea
you produce widgets. currently you produce 4 widgets at a total cost of 40.a what is your average total cost?b suppose
Calculate consumer surplus in the case of entry deterrence and in the case of entry accommodation. Which situation leads to the largest consumer surplus?
elasticity-a the price of good x goes up by 2.75 the quantity demanded of good y goes from 10500 units to 25000. what
Porter seeks accommodation for a religious practice unique to the Heavenly Masters. Porter's employer has never heard of this religion. In order to determine whether Porter's demand for accommodation is truly based on religion, the employer must d..
Suppose average movie attendance is 250 million tickets when prices are $7 a ticket and 200 million when prices are $9 a ticket.
competitive advantage implies the creation of a system that has a unique advantage over competitors. with the advent of
the world bank is currently advising newly industrialized countries on how to encourage growth and they have asked for
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