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Presume you want to estimate the proportion of traditional college students on your campus who own their own car. You have no preconceived idea of what the proportion might be. What same size is required if you wish ti be 90 percent confident that your estimate is within .004 of the true proportion?
Discuss the difference between how accountants and economists calculate profit giving example of costs each might use in this calculation.
Why might price collusion occur in oligopolistic industries Assess the economic desirability of collusive pricing. What are the main obstacles to collusion? Speculate as to why price leadership is legal in the United States, whereas price-fixing i..
the firm currently uses 50000 workers to produce 200000 units of output per day. the daily wage per worker is 80 and
assume that the last worker hired of type a serves 100 additional customers per week at a wage of 500 per week and the
Assume that keynesian model applies to the economy in the short-run. After the stock market fell sharply in 2008, the aggregate denabd decreased greatly around the world. in order to prevent the short-run economic recession, which monetary policy ..
What is the short run shut down price for each firm and how does this short run shut down price differ from the long run shut down price?
What is the equilibrium price if buyers know that sellers put for sale a fraction and calculate an equilibrium - What is the equilibrium price and how much would the government effectively buy?
he lease also provided that the vessel could be purchased at the end of 6 years by the oil company for $35,000. At the end of the 6 years, the oil company exercised its option and bought the vessel.
What three factors determine whether two economics with separate fiscal and monetary authorities should form a currency union Give illustration of each factor using NAFTA economies.
gold standard amp quantitative easingthe u.s. dollar is classified as fiat money and is not fixed to the value of any
Subsidy programs are likely to have a number of secondary effects in addition to the direct effect on dairy prices. What impact do you suppose farm subsidies are likely to have on the following?
Sort the items below according to whether they promote economic growth or inhibit economic growth-Price controls imposed on milk, The enforcement of trademarks, The government confiscating farmland, The presence of clearly defined property rights
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