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Question: Supply and Demand, A Process of Coordination
What would have happened if there had been no laws against price gouging and the price of gasoline immediately after Sandy had hit $50 per gallon? You may certainly wish to comment on ways that life would have been worse but I want you to specifically comment on ways that life would have been better for New Yorkers. How would high prices have helped to make economy function better?
If there are internal economies of scale, why would it ever make sense for a firm to produce the same good in more than one production facility Explain why trade liberalisation has the same effect on an economy as an increase.
Where will you earn the higher rate of return - Eurozone or Switzerland?
The demise of the U.S. auto industry would have a devastating impact on our national economy and specifically the economies of Michigan and Ohio.
Furthermore, assume that in year 2 the prices rise to $5 and $2, respectively. Calculate the inflation rate in year 2. Will the choice of base year affect your answer
The Internet has facilitated exposure for a multitude of industries, artists, and products. However, inherent challenges exist when attempting to protect ownership. If users have access to someone else's media and documents, should they be able to..
What are the advantages of democratic and overall leadership?
Assume Jean Splicer, an investor, buys $300,000 of shares of stock in a diversified bundle of Bio-tech company and exactly one year later sells those shares for $315,000.
If real GDP was $13.1 trillion in 2013 and $13.3 in 2014, what is the growth rate? (b) How many years would it take for GDP (gross domestic product) to double (using your answer from part a)
what is the new short-run market equilibrium? What is the new market equilibrium in the long run? How many firms are there at the new long-run equilibrium?
Kobil Co. has 2 products that use the same manufacturing facilities and cannot be subcontracted. Each product has sufficient orders to utilize the entire manufacturing capacity. For short-run profit maximization, Kobil should manufacture the produ..
What happens to the quantity of net exports? NX INCREASES. What happens to the value of dollars in the market for foreign currency exchange?
When deciding whether or not to outsource offshore, list the key factors aside from maximizing profits that managers should consider. Determine the key factors that you believe to be the most influential.
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