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Problem
1. Explain why an industry experiencing constant returns to scale is "just the right size."
2. Explain why the pharmaceutical industry is characterized by large economies of scale.
Bill Straight didn't exactly fit in at the XYZ Corporation. Bill sues XYZ for sexual harassment, citing all three incidents. For which of the incidents is he most likely to recover? Why? Discuss fully.
Explain succinctly how can fertility choice be interpreted as an economic problem. That is, identify resources and competitive ends involved in the problem of choosing how many children to have.
Pham can work as many or as few hours as she wants at the college bookstore for $9 per hour. But due to her hectic schedule, she has just 15 hours per week that she can spend working at either the bookstore or at other potential jobs
Kidney's are not allocated by markets. Discuss the pros and cons of switching to a market for kidneys. Currently, people can volunteer to donate one of their two kidneys,
Calculate the proper speed of the beacon. That is, imagine there is a comoving obseryer at fixed r, with a locally inertial coordinate system set up as the beacon passes by, and calculate the speed as measured by the comoving observer. What is ita..
Analyze the effects of globalization on the U.S. economy, and determine who benefits and who does not. Use examples to support your response.
Suppose a project has two possible outcomes. There is a 70% chance that it brings a profit of 10,000. There is a 30% chance that it brings a profit of 4,900.
Draw the decision tree for this problem without the probability values
Was company's strategy appropriate? Was the organization structure appropriate? What is the internationalization influence in the company's performance?
How is the equilibrium price determined? What happens if the price is above the equilibrium price? What happens if the price is below the equilibrium price?
Running red lights creates potential danger to pedestrians as well as other drivers. But, people run lights all the time because they consider just their additional private benefits from getting through the intersection a bit quicker than if they ..
The two major trading partners of the United States are
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