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1. do economists really believe in rational self-interested behavior? Or is that just an easy model that helps to explain the world? Why or why not?
2. Can you help explain more how you believe our tax dollars fund the economy? Can you provide a reference?
3. What monopoly power do you think that these wealth holders use? How do they distort the markets like a monopoly?
4. How would "one buyer have a monopoly?" Did you mean to say "supplier?"please explain.
Suppose that Colombia can produce 1,000 pounds of coffee in one day or produce 200 pounds of bananas in one day. In addition, suppose that Ecuador can produce 300 pounds of coffee in one day or produce 100 pounds of bananas in one day.
An oil refinery has decided to purchase some new drilling equipment for $550,000. The equipment will be kept for 10 years before being sold. The estimated MV (SV) for depreciation purposes is to be $25,000. Using the SL method, the annual depreciatio..
in costa rica only a few beaches remain that are nesting grounds for sea turtles. some of those beaches have
Are any employees of your company represented by labor unions or covered by collective bargaining agreements? Are any of these employees working outside of the United States?
Find the future value of $10,000 invested now after five years if the annual interest rate is 8 percent. What would be the future value if the interest rate is a simple interest rate? What would be the future value if the interest rate is a compound ..
Examine the graph of marginal benefits and costs of abatement below. Suppose regulators expect these curves to be as shown but are uncertain as to whether or not the marginal costs of abatement curve will be higher or lower than depicted
Explain why inflation is a main concern for an economy, and examine how well inflation in Australia has been managed by the monetary authority.
design either a survey quantitative - using a likert scale type instrument which has investigators ask questions in a
Baby boomers can save up to $22,000 per year in a 401k account. If Eileen's starting balance at age 50 is $200,000 and she saves the full amount available to her,
Equilibration is the process of moving between two equilibrium points as a result of some change in supply or demand. Understanding how market equilibrium is sought following such a change is essential for business managers.
The demand and supply curves for T-shirts in LA, Ca, are given through the following equations, Determine the equilibrium price and quantity after the shift of the demand curve.
your market research group estimated the following demand curve for gadgets the product your company produces and
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