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The theory of comparative advantage
Explain unequivocally why the foundation of trade has nothing to do with absolute advantage and only the law of comparative advantage is relevant.
Isn't free trade good for two countries even if one of them has an absolute advantage (in terms of low costs and productivity) in all goods and services produced?
Using the Lerner index, find the price elasticity of demand for Botox and interpret what this value means to total revenue if the price of Botox were increased one percentage point.
Assume market demand and supply are given. Equilibrium price of X is $100 per unit then producer surplus is.
Illustrate what type of fiscal policy did the Congress enacted while the effects of Hurricane Katrina.
Joining marketsplace or developing countries across the world has presented attractive opportunities to global companies and thus, boosted FDI.
Elucidate how education, research and development, and technology affect productivity.
Use the price-cost formula to determine whether or not the firm's operations are productively-efficient. (e) Use the price-cost formula to determine whether or not the firm's operations are allocatively efficient.
Describe what your chosen state can do to increase the supply of nurses. Include at least one appropriately cited and documented quotation to support a point.
Describe how exchange rates are determined using supply and demand. What is the date and source of your exchange rates.
Is it possible that the levels of unemployment present day which are the result of government policies.
Elucidate what is your interpretation as to whether or not capital gains taxes should be raised or lowered.
Suppose no increase in the price of labor, how many workers will the bakery hire.
Depends on the ideas, explain with which of the two economists do you agree more and explain why.
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