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identify a company in your area that would classify as a monopoly. explain why you classify it as monopoly and state how the company relate to at least 2 characterstics of that particuliar marke
Is SPC employing labour and domes in an optimal ratio, assuming that substitution of resources is possible. Elucidate. Conclude marginal income products for exterminators and for domes/pumps employed by SPC.
helping him to dig bait for fishing, and he also purchased five of John's mature banana trees for 30 clamshells each. What is the GDP of George and John's island in terms of clamshells
For each of the following events, explain the short run and long effects on output and the price level, assuming polycimakers take no action.
Should the company buy or lease the fleet of trucks that it uses to transport its products to marketplace.
Illustrate the effects of monetary policies on the economy's production and employment.
Elucidate how do the firms decide how much to charge. Use the Cyberlibrary or internet search engines to pick your own example of price discrimination.
Explain how would you extend the above narrative to businesses, society as a whole or nations.
If the real wage can adjust to equilibrate labor supply and labor demmand, what is the real wage. In this equilibrium, illustrate what are employment, output, and the total amount earned by workers.
What is meant by "risk premium". Risk premiums on corporate bonds are usually anticyclical; that is, they decrease during business cycle expansions and increase during recessions. Why is this so.
A reputable study finds that a new workplace safety regulation will reduce the rate of economic growth of real GDP. Is this an argument against implementing the new reform? Why or why not?
Can you share the economic development strategies also quote some examples of Elucidate how Singapore also US use them.
why Marx calls it an ‘absurd tautology' that value of labour is determined by that labour. How can a tautology be absurd.
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