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1) Before economic growth, there were too few goods, after growth, there is too little time.
2) It is irrational for an individual to take the time to be completely rational in economic decision making.
3) Telling Satnt what you want for Christmas makes sense in terms of utility maximization.
Elucidate how much profit will it earn at that output rate. If the marketplace price dropped to $10, illustrate what should the firm do.
Assume which incidence of HIV in the population is .005. Compute the yearly premium of the 1st policy.
What is the output of each firm if they collude to produce the monopoly output? What profit does each firm earn with such collusion.
Explain why might Industries in industries with high fixed costs be inclined to prevent strikes or end strikes quickly.
How would a gradual increase in the percentage of fathers who stay home to care for young children while their wives continue working.
What can you provide as advice to a manager concerning their choice on the quantity of labor and quantity of capital.
Explain how large an income tax cut is needed Alternatively Explain how much more government spending would achieve the target.
Among which of the following will cause an increase in producer surplus. Which of the following causes a shortage of a good.
Which fiscal policies might activist Keynesian economists recommend helping a depressed economy regain full employment
Describe capital and labour productivity in engineering context and pharmaceutical industries in India. Discuss whether Indian Consumer goods industry is growing at the cost of future profitability.
Elucidate what should Paul, the Director of Human Resources, do to determine how Plastec (a company that manufactures plastic) compares with other area employers in terms of wages and benefits.
Elucidate how they will help to improve the GDP as a tool for measuring the well-being of a nation.
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