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(Wall Street Journal) Technological change is an important driver of economic growth. Refer to the "Technology" column in the Marketplace section of a recent Wall Street Journal. Find a story about a technological innovation that seems interesting to you. How will this innovation affect the U.S. production possibilities frontier? Does it seem likely to affect employment as well? If so, which types of workers will be harmed, and which types will benefit?
what are the two main investor preferences and how do they conflict? why does competition force firms to use the least-
In the market for rewritable DVDs, explain whether the followingevents would cause an increase or a decrease in demand or anincrease or decrease in the quantity demanded. Also explain what happens to the equilibrium quantity and the market clearin..
To calculate the growth in GDP, use the compounding growth function
Compute the average product of grain when each amount is used. Determine the marginal product of grain when between 1,200 and 1,800 pounds are fed, when between 1,800 and 2,400 pounds are fed, and when between 2,400 and 3,000 pounds are fed.
two firms produce differentiated products and set prices to maximize their individual profits. demand functions for the
Describe what Grieder means by "the stark, cruel choice the economic system poses between the present and the future"...ie., what is he referring to? Briefly describe the Nature Conservancy's
Estimate the Mincer wage equation, and report your results in form - Which variables will you need to transform to estimate this equation
you are considering an investment that will enable you to produce a new product. your market research has indicated
Suppose labor costs are 17.5 percent of revenue per vehicle for General Motors. In union negotiations during the late 1990s, GM attempted to cut its workforce to rise productivity.
Evaluate the contemporary problem from a Social Science (Economics) perspective - The Federal Reserve's Exit Strategy?
“Switching costs may either raise or lower average oligopoly prices” Provide arguments for the first (price increase) and the second (price decrease) statements. Give examples, please.
McFadden’s chief engineer recommends that the firm hire 400 hours of skilled labor and 100 hours of unskilled labor. Is this the optimal combination? If the McFadden Company decides to spend a total of $5000 on skilled and unskilled labor, how many h..
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