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Describe the economic tools available for use to help build a sustainable society. Explain the trade-offs you believe we would have to make. In your response to your classmates indicate whether you believe the sacrifices would be too great for society and why or why not. Some scientists believe that the human race will revert to a time when war was waged in order to reap others’ resources to survive. Explain why you think this is or is not a probability in the future. Explain what kinds of policies or infrastructure would need to be established to prevent this reality.
A firm uses both labor and capital in its manufacturing process which can be substituted for each other to some degree. The cost of labor is $15 per hour, and the last worker hired produced 20 units per hour. Machinery can be rented at $32 per hour, ..
Keynesians would likely agree that: A. all unemployment is frictional unemployment. B. if a person isn't working, that's his or her own choice. C. structural and cyclical unemployment are more common than frictional unemployment. D. unemployment is i..
Suppose you are the main negotiator between your company and retailers carrying your company's line of dairy products. Your company is attempting to introduce a new brand of Greek yogurt, and it is your responsibility to negotiate agreement between y..
a finn purchased some equipment at a price of $30000, the resulted in an annual net saving of $1000 per year during the 8 year period. at the end of the 8th year, the equipment was sold for $40000. assuming interest of 8%. did the equipment purcha..
Price elasticity of demand is constant along a linear demand curve. If a 10% fall in the price of bagels results in 20% increase in the quantity of bagels demanded, then the price elasticity of demand of bagels is 0.2. Price elasticity of supply is c..
Congress does not have enough votes to override a veto. Draw a tree for this game and ?nd the rollback equilibrium.
Suppose mountain spring water can be produced at no cost and the inverse demand for mountain spring water is P = 1200 – 0.2Q. Suppose the market of mountain spring water is supplied by a monopoly firm that cannot price discriminate. Find the monopoly..
Choose one financial topic (i.e., Stocks, Bonds, US Economy, Oil, China Economy, Interest Rates, Foreign Currencies, Japan Economy, Precious Metals, European Economy, etc.) and answer the following questions: What is the history of your topic (includ..
President Obama, in promoting the cost savings of government health care stated: "... Private insurers have to make a profit. Nothing wrong with that, that's what they do. And so [private insurers have] higher administrative costs, plus profit on top..
What is the capitalized equivalent cost of a dam that will cost $25 million now and will require $2 million in maintenance annually? The effective annual rate is 12%.
Which of the following is a characteristic of the monopolistic competition market structure?
What is the belief that laws are justified if they prevent a person from harming him- or herself known as?
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