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1. Does popular resentment against free trade simply re?ect economic illiteracy or more deep-seated political issues?
2. In country A, it is possible to produce a car with the same resources that would produce 1000 toy cars. In country B, producing a car uses resources that could produce 3000 toy cars. Show with a diagram how both countries can be better off if the international terms of trade between cars and toy cars is 1 car to 2000 toy cars. Suppose the country that is rela- tively good at making toy cars is poor and feels it cannot waste resources on consuming toy cars. Does this affect your analysis?
Calculate Jill's accounting profit - calculate Jill's economic profit and what makes economic profit different from accounting profit?
In the 1970s, regulatory agencies allowed electric companies to pass on to customers any increases in the cost of their fuel -- a scheme that reduced companies' incentives to reduce fuel consumption and costs. Considered in the overall context o..
the village of pescatore is situated next to a medium sized lake in which citizens can fish from privately owned boats.
What is the optimal degree of air cleanliness? What is the optimal degree of air pollution? Suppose that a state provides subsidies for a company to build plants that contribute to air pollution. Cleaning up this pollution causes the marginal cost of..
questionnbspconsider the market for kitty litter. assume this industry is purrfectly competitive and is presently in
Chris consumes only 2 goods, Suppose his utility function is U(X1,X2)=X1 1/3,X2 2/3, Suppose P1 =$2,P2= $8 and income(I)=$600 I want to know how to do the problem, so I need to see all the steps it takes to arrive at the correct answers for a,b and c..
suppose nominal gdp in 1999 was 100 billion and in 2001 it was 270 billion. the general price index in 1999 was 100 and
explain the difference between a positive and negative externality. in your analysis make sure to provide an example of
1. The economy of Snowland reported the following data: The labour force as 19.02 million; employment as 17.69 million and the working age population as 27.98 million.
A market in which there is an additional transaction that would benefit a buyer, a seller, and any third parties affected by the transaction is called. In the case of spill over benefits or costs,
How do you think you might measure the net impact of technological change on overall employment and GDP in the U.S.?
select a global fortune 500 company it cannot be one you work for that operates in the united states and in other
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