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Economists often assume that insurers set premiums (nearly) equal to the AFP for that plan. Is that an accurate assumption? Is a higher “load” on insurance premiums necessarily a bad thing for consumers? When might a higher load be a sign of problems in the insurance market?
Suppose that a small county is considering adding a guard rail to a dangerous curve by a river. The guard rail will cost $70,000. The average damage done to vehicles that slide off the road at the curve is $10,000. It is expected that the guard rail ..
According to the law of increasing opportunity cost,
Explain how to measure the price elasticity of demand and supply and the cross elasticity income elasticity of demand? Explain how you would calculate the price elasticity of demand for gasoline.
Increasing prices act as a signal to: The equilibrium price in the market represents the: Rising oil prices during the 1970s shifted flower production from California to Kenya. Which of the following answers explains this shift?
q1. p320-.04q with quantity q measured in thousands of barrels per day and price p measured in dollars per barrel. the
q1. assume that a leader country has real gdp per capita of 40000 whereas a follower country has a real gdp per capita
Elucidate the relationship among scarcity, choice and opportunity cost in the context of managerial economics.
What is comparative trade and absolute; and what are their advantages? For securities trading, what is revenue and protective? What is the distinction between balance of trade and balance of payments? What is the exchange rate? and what is the impact..
Illustrate what can you say about the change in equilibrium price and quantity.
Explain how could ABC use interest rate swaps to reduce the exposure of its cost of debt to interest rate movements.
q1. an individual wants to start a business at which he expects to make 50000. getting a license for the business costs
Illustrate what must the central bank do to keep the peso cost of the dollar equal to Peso 3.4425 subsequent the speculators activities.
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