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Q1. OPEC radically cuts back on the production of oil used by U.S. manufacturers. The determinant causing the shift in this scenario is?
Q2. Explain how much difference can a logo make on two shirts which are otherwise identical? Illustrate what type of market is this?
Q3. State the optimal decision problem of a worker who searches for a job. Use two separate diagrams to represent situations with also without on-the-job search.
Explain how the reduction in supply from the reduced fishing waters will either increase or decrease consumer surplus and producer surplus.
Illustrate what output would be produced, Illustrate what would total profits be also Illustrate what rate of return would the firm earn in its asset base.
If ABC adds an assembly line for the product and XYZ does not follow with a competitive product.
Any goods from all should be of higher demand than supply; the other good should show higher supply than demand.
How to design an experiment to test the theory that changing the oil of the new backhoes and forklifts will reduce repairs.
Explain the steps that would be used to conduct a Benefit-Cost Analysis of a government policy to alleviate the problem.
How would a gradual increase in the percentage of fathers who stay home to care for young children while their wives continue working.
Assuming fuel is one of the main inputs for many sectors. When a war breaks out in Country X, which is the main producer for fuel in the world, it causes fuel supply disruptions in the world.
What is M1 in Iron mania. What is M2 in Iron mania.
Divide the Banzhaf power index by the number of votersin state. Are votersin small states or are votersin big state more powerful, according to this measure.
Do protectionist policies benefit producers, consumers, workers, or the government
What are the most important things to consider when making a pricing decision for a good whose demand as well as is elastic.
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