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In today's economy innovations and improvements in technology play a key role in firms to stay competitive in the global economy. Explain and discuss how the technology affects the cost of production, market structure and real-world competition? How has the technology affected your organization or an organization you are familiar with? (100 words minimum)
Who was the first administrator-statesman to attempt planning as a means for economic development?
Suppose two countries A and D use many inputs. Country A exports tractors and imports televisions. Assuming there are no economies of scale, which of the following statements is true?
Mention four key points from the reading assignments that were emphasized in the simulation. Find out how price elasticity of demand affects the decision making of the consumer and of the organization.
Graph a comparison of the short-run & long-run profits, price, and quantity of a mpnopoly and a perfect competition firm? can someone show me a graph of this?
While US GAAP requires assets to be valued at the lower of cost or market, there is a belief that assets with value fluctuations should be valued at market and adjusted on a regular basis. Create an argument supporting the use of market value for inv..
Illustrtae the possibly changes which the "accrual" accounting or the "cash basis" could bring into the financial statements.
Suppose the government decides to increase taxes by $20 billion to increase Social Security benefits by the same amount. How will this combined tax transfer policy affect aggregate demand at current prices
Amaranda and Bartolo consume only two goods, X and Y. They can trade only with each other and there is no production. The total endowment of good X equals the total endowment of good Y.
In this model of society no capital and no wage labor. The commodities are valued based on hours of labor that needed for the production.Based the above the only input that used to find the cost of a commodity is labor.
Assume the inflation rate in Canada to be 5 percent per year for the indefinite future - How much would a Canadian dollar, at the end of 10 years, be worth in terms of today's dollar?
Which of the following expenditures associated with the production of a new high performance SUV will be included in GDP?a. the sale of bonds to finance the construction of the assembly plant.b. the purchase of used welding robots to assemble to vehi..
Discuss the difference among inflationary gap and deflationary gap.
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