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Read the paper “The Great Depression, the New Deal and the Current Crisis” and answer the following questions:
i. What were the similarities and difference in the economic context that preceded the Great Recession, as compared to the reasons that preceded the Great Depression?
Which of the two nations has better prospects for the future and why. Provide a reasoned opinion.
If a manufacturer sells an article for p dollars, he finds that n = (125 − p) articles can be sold per week. The cost of producing n articles is c = 100 + 100n − ((n^2)/2) dollars. Find the price (p) that maximizes his profits.
Prepare a five page research paper about social problems where the free markets are not allowed to function, which includes the market for a particular illegal good and service, a regulated market, etc.
As of January, 2014, the U.S. now has the first woman Chairman of the Federal Reserve. Janet Yellen is probably going to continue the Federal Reserve’s current policies. Explain how these monetary concerns will affect a small business where you are c..
Suppose that the output can be sold for $10 per unit. Further assume that the firm can obtain as much of the variable input (L) as it needs at $20 per unit. Determine the marginal revenue function. Determine the value of L that maximizes profits
Do changes in fixed cost alter the profit maximizing level of output for a profit maximizing firm in the short-run? Why or why not? Under what conditions is it more profitable for a firm to operate at a loss than to shut down production temporarily?
Does the company have a stated policy on corporate social responsibility and what is the company doing to be socially responsible?
How would you explain to either the president or the CEO that he or she is wrong?
what is lowest price that will induce firms to supply output. Suppose PI = $40, F = 50 and demand function is Qd = 700! 6P, n if government sets a price of $50 what will be result.
Which one of the following variables is most likely to increase as production effort is increased? Which one of the following variables is most likely to decline as production effort increases? The efficient price of a license fee is determined by th..
Hugo, a manufacturer, wanted to retire. His business had some good contracts. For this reason, Ian wanted to buy the business. Hugo showed Ian his accounts for the last three years, his orders for future work not yet carried out and the debts owed to..
Compare the unemployment rate in the state of New Jersey to the national average of the past four years. Compare the trends in relation to the types of unemployed workers in the state of New Jersey. Compare the trends in relation to the types of unem..
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