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Ten lions confront a single Christian. The most ferocious lion can eat the Christian if he wants to. If the most ferocious lion does not eat the Christian, everyone goes home. If the most ferocious lion eats the Christian, the most ferocious lion turns into a Christian, the second most ferocious lion becomes the most ferocious lion, and the game is repeated. And so forth. A lion’s first priority is to avoid being eaten and second priority is to eat. Does the most ferocious lion eat the Christian?
q1. one proposal to slow the growth in consumption of fossil fuels is the imposition of higher taxes. how would that
Discuss the types of barriers to entry, and explain whether each type is likely to provide long-term monopoly power. What are the allocative and distributive differences between monopoly and perfect competition? What causes these differences?
In 2008, the price of crude oil (per barrel) set an all-time record of approximately $147 and then sank to near $40 by the end of the year. Since crude oil is a resource that is used in many industries, how would these changes in price impact of 3..
Decision makers expect a 6% increase in the money supply; the actual increase is 3%.What is the current price level?
q. db - does microsoft have a monopoly over operating systems?former dean of the sloan school of management at
Mars Inc. manufacturers M&Ms the milk chocolate comes in a variety of colors : blue, brown, green, orange, red, and yellow. the overall proportions for the colors are 0.24 blue, 0.13 brown, 0.20 green, 0.16 orange, 0.13 red and 0.14 yellow in a sampl..
q. 1. country z is a developing country that is facing problems of deforestation. for agriculture farmers are clearing
Suppose that Jenny is the only consumer in the antique car market. Her willingness to pay for an antique car is $200,000. Based on Jenny's willingness to pay, plot demand schedule in the graph below utilizing the blue points.
One point made is that most demand curves are downward sloping. Can you think of any situation where an individual's demand curve for a product is upward sloping.
Calculate the new cost earned by sellers, the cost paid by clients, as well as the equilibrium quantity sold in the market.
Select the most serious disadvantage of globalization (in your opinion) and make at least one recommendation
Consider the types of non-tariff trade barriers and determine which has the most detrimental effect on the U.S. economy from the standpoint of the domestic consumer. Explain your rationale and support it with specific examples.
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