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Why are theories not cent per cent correct whether in economics, chemistry, or physics? Why is it more so in economics?
the state of california recently considered passing a tax on the services of doctors in that state in order to raise
In using game theory, both parties have dominant strategies that lead to a best case for each individual. However, these decisions result in a worst case for the combination of the two. Discuss ways that each party can achieve a better solution
a countrys culture reflects and shapes its values and each country adopts laws that reflect their prevailing ethical
suppose honey is produced in a beehive using bees and sugar. each honey producer uses one beehive which she rents for
1.how do you know that the firm represented in the graph above is a purely competitive firm?2.to maximize profits this
a firm has 2000000 in sales a lerner index of 0.56 and a marginal cost of 35 and competes against 900 other firms in
develop a three- to four-page analysis excluding the title and reference pages of the techniques dr. kallman has
Discuss the importance and cost of research and development. Does every drug pay off Is strategic behavior important in this market Is product differentiation important in this market
The demand for energy in the United States is often stated as persistently non-cyclical and not sensitive to both prices effects. Given such characteristics, explain the effect of each of the following on the demand or supply for gasoline.
look at the two tables below which show respectively the willingness to pay and willingness to accept of buyers and
write a three to four 3-4 page paper in which youdiscuss the current economic situation in the u.s. as compared to five
In many industries, such as supermarkets, banks, cell phonecompanies, etc., because of mergers our choices as consumers are reduced to two or three competitors. Do you think thisis good for the economy
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