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suppose that your college charges you separately for tuition and for room and board. a. what is a cost of attending college that is not an opportunity cost? b. what is explict opportunicy cost os attending college? c. what is an implicit opportunity cost of attending college?
If we accept the conclusion that librarians are more vital to the country than professional football players, explain why are librarians so poorly paid in comparison.
Explain how are poor infrastructure, lack of financial institutions and a sound money supply, low saving rate poor capital base.
The type of manuscript for this book was typed for free by a friend. Had I hired a secretary to do the same job.
A manufacture procedure using 2 inputs, labor as well as capital.
Suppose which gross private domestic investment is $800B also the government is currently running over a $400B deficit.
Little Kona is a small coffee company that is considering entering a marketplace dominated by Big Brew.
Specialty Steel has carefully measured production in its new plant to determine whether it is technically efficient in production.
Explain why study pure competition if actual purely competitive markets do not exist? What can we learn from highly competitive markets. Briefly discuss.
The advent of personal computers also word processing software which eliminated the market for electric typewriters would be an example
Illustrate what price also quantity would prevail after the imposition of the tax
Consider an employee who does not receive employer-based health insurance and must divide her $700 per week in after-tax income.
Illustrate what do you think causes changes in each of the expenditure (spending) components of GDP thereby causing changes in our economy's output, employment, and income levels.
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