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What are the advantages and disadvantages of the globalization and standardization of culture? Provide at least one specific example of the advantage and at least one specific example of the disadvantage of the globalization of culture. Would you prefer to live in a community in which everyone were the same (no difference in language, religion, sexuality, and so forth) or one in which such differences exist? Why?
congress is considering a tax credit program for those who purchase energy-efficient appliances. proponents of the
EconS425 - Homework 3 - What is the equation for the demand curve facing cereal makers and what is the symmetric equilibrium under free entry if the cereal makers costs
The Great Recession of 2007-2009 affected millions of United States citizens and had multiple reasons. Determine some of the major contributing factors and how did they combine to cause the recession?
Which professor is better off. The starting salary for a new assistant economics professor was 15000 in 1976 and 80 000in 2005. The value of the CPI for 2005 was 195.3 compared to 56.9 in 1976. In which year did a newly hired professor earn more in..
in our look at democracy and sovereignty one of the things that we observed is that we are seeing a rise of subnational
Consider the following situation: a person sells fishes by the seashore, assuming that he is a monopolist, and that there is no cost of production of output. The inverse demand curve for his fishes s is given by: p( s ) = 10 -s. Plus, assume th..
an economic bad is something you dont want to consume i.e. less bad is better. define an economic bad mathematically
Choose a foreign country that you have visited - or would like to visit. Download the data (there is a link at the bottom of the page). USING THE DATA (use "dollar price of a BigMac"in column D) explain whether a Big Mac costs more or less than ..
Discuss on social diversity and business ethics and how has a more diversified labor force affected the corporate structure and economy?
How would you expect a fall in a country's population to alter its aggregate money demand function? Would it matter if the fall in population were due to a fall in the number of households or to a fall in the size of the average household?
Smith has been informed that on April 1st, Delta Co., a producer of a substitute good, will be decreasing the price of its product by 10%. Given a cross elasticity of 2 and the following information answer the following questions. For this proble..
suzie purchases two goods- food and clothing. she has a utility function u9x,y0 x*y where x denotes the amount of food consumed and y the amount of cloting. the marginal utilites for this utility function are MUx=y and MUy=x she has income of M do..
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