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Introduce the debate surrounding abolition vs. equality and how it led to the American Civil War. Why were there significant fears about the impact of freed slaves in the North? Who had the most to win/lose?
The Hull Petroleum Company and Inverted V are retail gasoline franchises that compete in a local market to sell gasoline to consumers. Hull and Inverted V are located across the street from each other and can observe the prices posted on each other’s..
Briefly explain the history of what happened including, but not limited to: Type of merger (horizontal, vertical, or conglomerate), the size and value of each firm prior to the merger, the value of the merged firm, how long the process took, length o..
Improved tooling for numerical control machinery will cost $9,693, last 6 years, and have no salvage value at that time. Due to this investment, net income will increase by $2525 during the first 3 years and by $3840 during each of the remaining 3 ye..
Analyze and evaluate the impact of public policy on economic growth from an ethical and global position. Be sure to be specific as to which ethical posture you are taking. See this website for information on ethical postures.
What is the R-square of the regression - Can you forecast (predict) what happens to the average price of a house if the number of bedrooms increases from 3 to 4 (keeping everything else constant)?
A tax system is called progressive if
Your weekly costs to producing q units are given by the following equation: C(q)=7+10q+3.5q2 +q3. With this technology, AC is minimized at approximately q = 1.11. What is the long-run equilibrium price of in this market, given that there are no barri..
Gini & Marcoux give a discussion of Competition. They begin with a discussion of sports and move to a discussion of competition in business. What do they say are some of the similarities and differences between competition in sports and in business. ..
In order to partially address the problem of obesity, suppose that the U.S. government is considering a tax on chocolate! Assume that before the tax, the market for chocolate is perfectly competitive and can be represented by: QD = 5000 – 25P, and QS..
Analyze from an anthropological perspective the victory of Barack Obama as president of the U.S. in 2008. Does Obama’s victory indicate that the U.S. is no longer a racist country and that all ethnic groups in the society are treated equally? Is Obam..
Although written in 1968, “The Tragedy of the Commons,” by Garrett Hardin applies to many of the economic, political, and social struggles we are experiencing today like the debates about health care reform, deficit spending and the debt, tax reform,..
You plan to live in your house for 20 years, and your 20 year mortgage (principle and interest only) is $2,100/month. If you expect inflation to average 3% annually, what is your constant dollar mortgage payment on the day of your last payment?
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