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Choose a social difficulty where free markets are not allowed to function and describe how free market features could be introduced to help alleviate the difficulty. As part of your answer also include a discussion of the risks of introducing market mechanisms in situations where ethical issues are present.
Your corporation sells its product online and in stores. Your marginal cost $30 is the same in both markets. The demand and marginal revenue curves in two markets are different however.
Assume the United State economy begins in long run equilibrium. Concerns about global climate change cause government to significantly restrict production of electricity form fossil fuels.
Describe and explain the interest parity concept using formal methods Explain IS and LM curve behavior and nominal interest rate in the domestic economy,
Suppose after taxation that the consumer is given a payroll tax rebate that happens to be exactly equal to the amount of gasoline tax he pays. Illustrate what will be the consumer consumption of gasoline now and how much will be the amount of reba..
Utilizing a separate supply and demand diagram for each part, illustrate the effect of the price of the yen in terms of dollars of each of the following.
Explain why do you think we have laws that prohibit discrimination in pay based on sex or race but permit employers to discriminate in pay based on education or experience.
Illustrate what are the gains and losses for consumers in these types of international production and trading patterns.
Over what range of labor input is marginal product minute than average product. Illustrate what is happenning to average product as employment increases over this range.
Illustrate what would shoppers see when they shopped in Wal-Mart and the other "big box" stores that sell so many imported items
Provide an update on the economy-where is unemployment, what is the outlook for the deficit, what are the overall predictions for 2010 - 2012?
Compute the total fixed costs, total variable costs, average fixed costs.
List the four assumptions for the Monopolistic competition model. Now explain how the market will adjust in the long run and draw a corresponding graph for the representative firm in the long run. (Explain your answer.)
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