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Q1. Explain why do some economists consider that better inventory control software as well as systems might help to decrease the frequency and severity of recessions caused by mild demand shocks? Explain how could those same inventory systems quickly transmit large demand shocks directly to sudden, deep recessions?
Q2. The Fair Labor Standards Act establishes a federal minimum wage of $7.25. Law of 1969 recognized greatest rental rates for apartments in New York City. Explicate how these controls can lead to shortages, especially in the long run. Critics of New York City rent manage system contend wealthy.
Compute the price elasticity of demand for TV Plasmas. Explain how could we classify the demand for TV Plasmas.
Bob as well as Nancy live in a new housing development as well as they would like to have fire hydrants installed to assist the fire department in case of a fire.
Describe what would happen if an outside agency determined the prices eBay could charge.
What value of y survives as a solution if all firms are competing for high ability workers.
Elucidate the common kinked-demand model. In the oligopolist's marginal-revenue curve, elucidate the reason for gap. In this model explain how does price rigidity in oligopoly.
The overall effectiveness of the organ procurement system in the United States. What are its strengths and weaknesses.
Capital stock at the end of the year of this economy to remain constant as the beginning of the year, how much investment is needed.
How big would that budget have to be before he would spend a dollar buying a first cup of coffee.
The factory operation creates smoke that affects nearby homeowners, causing respiratory ailments and similar problems.
Semiconductor chips are used to store information in electronic products, such as personal computers. One of the early leaders in the production of these chips was Texas Instruments (TI).
Calculate the amount of former foreign monopoly profit that is transferred as tariff revenue to the home country when the home country imposes the tariff.
What role did Red cloud play in the factional splits that occurred in the late 1860s and 1870s.
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