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Greater product variety
Why is an increase in the number of varieties of a good regarded as a gain from trade?
Can you think of economic disadvantages associated with greater product variety?
Describe how a correctional officer's pay is determined and how the salary is structured. Discuss what your chosen state can do to increase the supply of correctional officers.
Many would consider the US Postal Service a publically good. Is this assumption valid.
The federal government, in an effort to stimulate the economy also decreases taxes on all individuals except those earning over $250,000 per year.
Explain what would happen to the demand for Motorola picture phones if the price of digital cameras rose
Make a schedule showing total product, average product of labor, and marginal product of labor using a range of labor inputs
Elucidate the difference between the law of demand and the law of supply. What does the phrase 'other things equal" mean? Why do we need that.
Assume that the following information about the economy is correct. The potential GDP is 3 percent. Real GDP has fallen at a minus two percent rate in the last 12 months.
Assume labor is the only cost of production and labor coefficients (hours of labor required per unit of output) in MACONDO and KRYPTON for each good are as follows:
Elucidate tools are used to accomplish conscious fiscal policy.
state history of the airline industry, plus an industry overview, and a SWOTT analysis of the airline industry. Please include references.
Explain why might intangible resources such as human capital and intellectual assets be a more likely source of sustainable competitive advantage than tangible resources.
Illustrtae what are the primary advantages and disadvantages of acquiring inputs through this means? Give an example that uses this method of procurement.
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