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Illustrate what did classical economists assume about the flexibility of prices, wages, and interest rates? What did this assumption imply about the self-correcting tendencies in an economy in recession? What disagreements did Keynes have with classical economists?
If the customer is rational explain how can use affect their economic decisions
According to the Heckscher-Ohlin theorem, is Russia capital abundant or labor abundant? Briefly explain. What is the impact of opening trade on the real wage in Russia? Briefly explain.
Spell out the types of policies also practices companies should develop if they want to keep their workers from unionizing.
Optimal consumption. The following Table describes the demand for tickets to the opera, during the two=-week season.
The relation among the number of technicians recruited per hour and the number of radiographs produced per hour is shown in the following table.
Consider the Bertrand model with no product differentiated in which each firm has a positive and fixed sunk cost F and zero marginal cost. What are the equilibrium prices and profits? Illustrate your result on a proper diagram.
Illustrate what are other significant impacts of globalization on the U.S. economy. World economy.
Explain why a monopolist will never set a price (and produce the corresponding output) at which the demand is price-inelastic.
Illustrate what accounting tools also reports would you use. Use the Library and internet to re-explore value chain management.
For an unknown reason, aliens kidnapped all immigrants residing in the US. One morning America wakes up and finds that the only people left in the country are American citizens, while all legal and illegal immigrants are gone.
explain why do companies grant discounts to senior citizens and students
Describe your understanding of what makes a cost or factor relevant to economic reasoning.
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