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A June 2010 article in Bloomberg Businessweek discussed government and business concerns of the economic impact of the decline in education on growth in the United States. Go to www.bls.gov and look up the current unemployment rate. Compare this to the current unemployment rates for those without a high school diploma, those with only a high school diploma, and those with a bachelor's degree or higher. What does this data suggest about education requirements for jobs in the United States? Then go to www.census.gov and look at the current population survey historical table A-2. Find the percentage of the total population 25 years and older that have completed 4 years of high school or more and the percentage that have completed 4 years of college or more. Compare this data with the unemployment data. What does this information suggest about future productivity and growth for the U.S. economy?
What are ( a) preferred provider organizations and (b) health maintenance organizations? In your answer, explain how each is designed to alleviate the overconsumption of health care.
Power cost per kwh is $0.14. Annual maintenance, taxes and insurance will be 2.5% of the initial cost. a. What is the annual equivalent cost for each motor b. What is the IRR (Internal Rate of Return) on the incremental investment to select the more ..
Explain the importance of threat credibility here.
Based on market research, a film production company in Ectenia obtains the following information about the demand and production costs of its new DVD: Find the price and quantity that would maximize social welfare
A local video store estimates that their average customer's demand per year is P = 3.5 - 0.5Q (all customers are identical), and knows that the marginal cost of each rental is $0.5. How much should the store charge for an annual membership
What discriminatory price does the monopolist set in market 2? Calculate the socially efficient level of widget sales in the US and in Europe. Calculate the monopolist's marginal cost.
On the basis of the information regarding the risk involved in the two projects, you come up with the following probability distributions for the projects:
how do these numbers match up with the predictions of this chapter's model? How would you explain the apparently different responses of U.S. compared with Brazilian prices?
A new chemical remediation tank is needed. Current technology tanks, which costs $150,000, MUST BE DRAINED AND TREATED EVERY TWO YEARS AT A COST OF $30,000; THE TANKS WILL LAST TEN YEARS, AND EACH WILL HAVE A SALVAGE VALUE OF 5%. OF FIRST COST.
Why is advertising prevalent in many oligopolies, especially when industry demand is inelastic Illustrate your answer by assuming that with advertising, a firm's demand curve has price elasticity of -1.5 and without advertising, it is -2. If MC is..
The film itself will provide a broad background for your understanding of these issues; however, the most compelling responses will go beyond the film to incorporate additional recent data sources to justify your reasoning and logic.
paid $200 for business cards, $1,000 for a listing in yellow pages, and $250 for an annual business license. She also leased a professional portrait camera and studio lighting equipment by signing an agreeement to pay a monthly lease of $1000 per ..
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