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In class, we proved that the competitive equilibrium of the one-period simple economy is Pareto optimal, analytically. We also showed the graphical representation of finding the competitive equilibrium (by means of drawing production possibility frontier). Can you show that the competitive equilibrium is Pareto optimal, using the graphical approach?
Should the law impose ethical requirements on small businesses or privately held companies or can the marketplace police unethical business behavior? Provide support to justify your position
Brainstorm a few other ways in which an IT network could help to reduce global gridlock. Do not limit yourself to current mobile network capabilities. If no action is taken far in advance of the forecasted car congestion, what do you foresee will h..
What is the nature of this email? General informational? An assignment asking readers to do something? A set of instructions?
Explain hazard assessment for personal protective equipment (PPE) used at the facility. Safety Data Sheets for the metals you use in the production process and any welding rods/wire used in the welding area.
Which of the following exemplifies privatization?
A steel rod 1 m long and 12 mm in diameter carries a tensile load of 13.3 kN (see figure). The bar increases in length by 0.5 mm when the load is applied. Determine the normal stress and strain in the bar.
A steel rod 30 m long hangs in a mine shaft and holds a 900 N weight at its lower end (see figure). If the diameter of the circular rod is 6 mm, calculate the maximum normal stress σmax in the rod, taking into account the weight of the rod itself. ..
List the reasons why you think Bill wrote this e-mail, in order from most important to least important. - What was he trying to accomplish?
In the last few decades, changes have occurred in the way companies are providing some benefits. Some noteworthy trends are in the way pensions are being management and the flexiblity of pension plans. State and discuss on such trends
X is a u.s. manufacturer of digital controls for milling machines. the firm has been exporting its least expensive model, which sells for us$1,500 to Mexico, where the demand has proved to be Q= 3,500 - 2P, where Q= quantity demanded and P= price. X ..
The aggregate demand curve or schedule shows the relationship between the total demand for output and the: A. Income level B. Interest rate C. Price level D. Real GDP.
What is the money multiplier and how does it work? If the reserve ratio is 20%, what is the money multiplier? Does the Fed really "set" the federal funds rate? Is that a tool of monetary policy?
An investor buys a 3.5% 20-year bond with a face value of $10000 for $10414.22. If the purchaser holds the bond to maturity, how much is the present value of the purchase at an ROI of 3.69% per year compounded semi-annually?
A firm is producing where its marginal costs are at the lowest level. What can one most likely infer from this?
The Federal Reserve Board is considerining changing its target inflation rate. However, they are concerned about the immediate effect on inflation. Find the sensitivity of equilibrium inflation to a change in the Fed's target inflation rate in the..
Matt was the agency manager at Bobs Insurance's Los Angeles office. He was employed as an at-will employee, and his contract did not specify any fixed duration of guaranteed employment.
A change in the real one supply can result either from a change in the nominal money supply through Federal Reserve policy (holding the price level conatant) or from a change in the price level (holding the nominal only supply constant). the change i..
How does Costco differ from other retailers? What is their business model? Who is the Costco target customer? Why? Why are the stores laid out the way they are? How is this different from other retailers? Why does Costco keep the price of its hot dog..
You are a management consultant of a major MNC that is replacing the leadership team in its strategic business unit in Australia. This strategic business unit has a staff of 30,000 and is manufacturing small electronic equipment for export. What type..
The environment and healthcare are very important aspects of our lives, as discussed in your textbook. However, it is still unclear whether corporations should focus on these as rights or as privileges.
Does a real externality exist? Or is it just a peculiar externality? If a real external- ity exists, argue which of the government’s tools are best suited to address the issue: taxes/subsidies, cap-and-trade, or something else.
the australian government administers two programs that affect the market for cigarettes. first media campaigns and
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