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I understand the three types of unemployment are: seasonal unemployment, frictional unemployment, and structural unemployment. I am having a very difficult time discussing whether the internet could completely eliminate frictional unemployment? Also, why is unemployment necessary for the economy? Thank you!
If resources available for human consumption were out of limit, there would be no need for a subject field such as economics. Why do I say this?
Comparing which is the current quote has the Japanese dollar appreciated or depreciated.
Demand by senior citizens for showings at local movie house has a constant price elasticity equal to-4. The demand curve for all other patrons has constant price elasticity equal to-2.
The demand for polished bronze is given by P = 100 - Q/2. Production of polished bronze is controlled by Bronze Indentify BIs profit maximizing output and price. What is the cost to the town of removing the mercury pollution?
Describe the Product Life Cycle Concept and include the relative amounts of sales and profit during each stage.
Give at least three explanations of why economic reasoning would argue that this is to be expected.
Elucidate what are the best goals for the Fed. Should it lean toward restraint or toward expansion.
A monopolist faces demand curve p = 11-Q , where Q is measured in thousands of units. Compute the firm's degree of monopoly power using the Lerner index?
Important information about Antitrust policy explain how would you expect antitrust authorities to react.
Suppose the emarginal cost of producing the good in before question is aconstant $ 10 per unit of output . What quantity of output will the firm produce.
Assume that an engineer is deciding either not to move to northern Virginia or remain at his current job in Milwaukee.
Over the last three years, as the result of decreasing prices for digital cameras, the price of developing traditional 35mm film has increased 5% yesrly. How would I go about graphing this impact on the market for 35mm cameras.
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