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What is dual cut off method of the multidimensional poverty index? Based on the three case studies of ' portfolio of the poor' (2009) did you find any poor of Bangladesh, India and South Africa who suffer from any dimension of poverty? if yes, explain which dimensions and provide an example for each dimension.
WSJ's Justin Lahars reports that counties throughout the U.S. have seen employment declines that can be attributed to the importing of inexpensive goods from China.
Suppose that the wage is $20 per hour in a two-sector (manufacturing and agriculture) specific-factors model. Currently, the prices of manufactured and agricultural outputs are $5 and $1, respectively;
For each of the following characteristics, say whether it describes a perfectly competitive firm, a monopolistically competitive firm, both, or neither. sells a product differentiated from that of its competitors. has marginal revenue less than price
This means that an individual firm's marginal cost is given by MC = 4q.Also, the market demand is given by how much output will each of them produce?
Suppose capital is fixed at 16 units. If firm can sell its output at a price of $100 per unit and can hire labour at $25 per unit, Explain how many units of labour should firm hire in order to maximize profits.
Evaluate Government intervene and correct this situation?(a) Explain the concept of a concentration ratio. A rise in the price of magarine Explain the impact of external costs and external benefits on resource allocation long-run perfectly c..
If the Fed wished to defend the exchange rate of the $ (i.e. prevent the $ exchange rate from falling) what policy action could it take? Explain.
Refer to the above graph of D and MR for a monopolist. We know that to maximize profits the firm will set a price:
Calculate the value of the US Balance of Payments and indicate whether it is in a surplus, deficit, or equilibrium.
A test is conducted in eight cities to see if giving away free transit system maps will increase bus ridership. In a regression analysis, the dependent variable is the increase
Why is the demand curve for a monopolist downward sloping, while the demand curve for the perfectly competitive firm is horizontal?
Suppose both product and factor markets are competitive, why is the labour demand curve downward sloping? Professors, lawyers and doctors receive similar amounts of education, why are professors paid less than lawyers and doctors? Why do we say that ..
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