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Suppose that you were a dictator. Describe a law that you could decree that would eliminate or reduce frictional unemployment but would likely reduce productivity, and explain why. Describe a law you could decree that would increase frictional unemployment but might increase productivity, and explain why.
Name three products for which impatience on the part of the consumer enables a firm to price-discriminate. At many amusement park, customers who enter after 4 pm receive a steep discount on the price of admission. Explain how this practice is a form ..
What is Wirelesses' producer surplus from sales for each low-demand as well as consumer.
Which would have the most significant effect on the U.S. economy as measured by changes in real GDP?
What is a subgame-perfect Nash equilibrium proposal of player 1, and what is the resulting outcome of the game
The W Company is a member of the beef industry, which is perfectly competitive. The price of a beef is $60. The firm’s total cost function is TC = 100 + 10Q + 5Q2 where TC is total cost (in dollars) and Q is hourly output. What output maximizes profi..
Elucidate how you would address each of the main problems in the organization.
Supposing you want to see how student perception about civic engagement change in college. You collect data on first year students in 2010, and then collect data from the same students in 2014, their senior year. Does your data have limited dependent..
In a waiting line model situation, arrivals occur around clock at a rate of six per day and service occurs at one very three hours. Assume Poisson and exponential distributions. Illustrate what is Mean Arrival Rate λ
In analyzing project risk we first try to determine the inherent uncertainty in estimating project cash flows. One of the methods used is sensitivity analysis. Describe the method and the information it provides.
The Owls Engineering firm has been invited to participate in remodeling, Beurt\y Hall at Temple University and need to acquire a crane with a cost of $550,000. The cost of transporting the crane to Temple is $150,000. Perform an ATCF analysis to dete..
Using the debt-relief Laffer curve, make the case that debt relief can be in the best interest of both the developing and developed countries.
The short-run supply curve of a competitive industry is derived by. Along the long-run supply curve of an increasing-cost industry that is characterized by perfect competition, all of the following can vary except. For the case of an increasing-cost ..
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