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Select one topic, then post and concisely defend your view. You may post to both topics, but are required to only select one for your initial post. Be careful to identify the positive reasons for your normative position. Read and respond to your fellow student's postings at will. The topics to choose from are:
1. Examples of Outsourcing. Identify one example of outsourcing that you have observed or desire to research. Be certain to apply the economic analysis of Chapter 28 (Starting Out With Visual Basic 2012, 6th Edition) in your post and tell us what you believe was the most significant economic factor in the outsourcing you described. Examine the labor and product markets involved. Lastly, should there be any changes you would favor to any laws or regulations that accommodated the outsourcing?
2. Determinants of Income Differences. Identify one of the determinants of income differences as enumerated in Chapter 30 (Starting Out With Visual Basic 2012, 6th Edition) which you have personally observed or desire to research. Be certain to tell us what you believe was the most significant economic factor in determining the wages for the labor market you selected. Lastly, should there be any changes you would favor to income policies and why?
q.1. short-term production function q 50l 6l2 - 0.5l3a. when the law of diminishing returns does begin to take
Suppose that the pre tax price of gasoline is $1 per gallon. A tax of $0.50 is imposed and is paid by consumers to the government. What must the gross price of gasoline be after the tax so that the consumer tax burden is equal to the producer tax bur..
Why might consumers’ price elasticity for ice cream cones once they are in an ice cream store be .20 and their longer-term price elasticity be 1.2?
How low much a quota be to have an impact on trade? Using a demand -and -supply diagram, illustrate and explain the net welfare loss from imposing such a quota. Under what circumstances would the net welfare loss from an import quota exceed the net w..
As before pleasing the job, you admit a surprise offer from a competitor. Elucidate how much producer surplus have you earned, if you actually earn $2600 during the month.
Compute the equilibrium interest rate by setting the overall demand for money equal to the overall supply of money.
How companies and countries are becoming specialised in certain industries to compete and expand their businesses. Compare Australia with any other two countries
Keeping all elsr constant their answer would likely differ. How do you guess the interviewed will answer? Does the diference in response matter?
Consider now an economy where you need to search for a job. Let b be the fraction of people that do not have a job and are searching for one. Here active population and working age population do not coincide. Let s be the job separation. Write the eq..
If Evren wishes to make 25 tons of donuts, how many bakers are required given the current level of capital? How much will it cost to produce this (total cost)?
Analyze the current macro economic situation and discuss changes in economic, financial and international conditions in the near future.
Explain how many units of labor and how many machines would the firm use to produce 40 units in the cheapest possible way.
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