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How is it that case law can become mandatory authority? We know that each court decision that becomes case law is made by judges who compare the facts of the case with their interpretation of the law. Consider the application of case law and then respond to the following question in your initial post: Does it make a difference if the facts surrounding a case are considerably different from an interpretation of the law? Explain your response and provide specific examples from research.
Who are the winners and who are the losers from "free trade"? Why do economists believe that a a tariff is better than an import quota? (Actually most economists do not like either!). Why is the "infant industry" protectionist argument perhaps valid ..
Monopolistic Competition and Intra-Industry Trade Consider the monopolistic competition model of increasing returns to scale studied in class. Consider a single country in isolation. The demand for each variety is the following: q(p)=S*[(1/n) - b*(p–..
If demand decreases and supply increases simultaneously then for sure. Which of the following will increase the demand for chicken?
Compute nominal GDP, real GDP also the GDP deflator for each year, using 20010 as the base year.
Long-run Macroeconomic Equilibrium and Stock Market Boom Let us assume the economy reaches its long-run macroeconomic equilibrium in 2020. When the economy is in the long run macroeconomic equilibrium, the stock market will also reach its boom.
Lone Star Industries offers online automobile Insurance to preferred risk drivers in the state of Texas. The company is the low cost provider of insurance in the market with fixed costs of $18 million per year, plus variable costs of $750 for each dr..
The grouping of customers into categories based on key characteristics is called segmentation. None of these answers are correct The grouping of customers into categories based on key characteristics is called itemization. The grouping of customers i..
In the economy of Wrexinton in 2008, consumption was $500, exports were $200, GDP was $1200, government purchases were $250, and investment was $300. What were Wrexingtons imports in 2008?
Compare also contrast the yields also maturities for each of the securities. Argue elucidate which you would hold also Elucidate why relative to interest rate risk.
Ilustrate what concern would you have about this sale and or lease back contract. Explain how would you price these two events differently.
In developing countries, as average wage levels rise with the country’s growth it is often observed that: the labor force participation rate of adults rises but. How do labor economists explain these empirical facts?
Assume you are the manager of a medium-sized industry which operates in an industry which has a four-industry concentration ratio
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