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How do report cards address information asymmetries? Would reducing information asymmetries guarantee better markets?
Every week, more and more apps are available for Droid-based smart phones. How does this affect the optimal price for Droid-based smart phones?
Why do celebrity icons receive such widespread attention and adulation
Consider that two drugs are available for the management of diabetic patients. The first, drug, the current practice, costs $12,000 over 15 years. The new drug costs $7,500 over 15 years. The outcome measure, quality adjusted life years (QALY) with t..
Economic analysis helps to forecast the quantitative performance of a solution alternative. One of the objectives of CMMI-ACQ is to establish and maintain a quantitative understanding of the performance of selected processes because it stresses qu..
Export subsidies levied by foreign governments on products in which the United States has a comparative disadvantage?
A couple operate a pet sitting service on the side. They want to add a daily service of a photo placed online for pet owners who are travelling. The required equipment is expected to cost $636 to purchase and $16 per month to operate. Revenues are ex..
Suppose Australia is a capital (K)-abundant country, and Sri-Lanka is a labor (L)-abundant country. Both produce labor and capital intensive goods with the same technology. Which of the two countries has a higher relative wage, w/r, before trade? Wou..
If crowding out is a significant problem, then when the government borrows to increase its spending the real interest rate will ____________ and the equilibrium quantity of loanable funds will ________________.
Illustrate what is true about the prices they are able to charge and their revenue if they try to practice second degree price discrimination as the Bills did.
What is the policy of import substitution? Has this policy worked for the developing countries? If not, what are the problems of this policy? Mention any two benefits of export promotion policy.
Consider a market where the demand curve is P = 1 − Q , and where there are no production costs. Find the Cournot equilibrium level of output for each firm. Find the level of output that maximizes total profit in the market. If the firms split the ou..
A bank currently has $70,000 in deposits, $6,000 in cash in the vault, $12,000 on deposit with the Fed, and $7,000 in government securities. The required reserve ratio is 20 percent. f these expansions in the money supply happen, what effect will it ..
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