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Q. The muffler on your car suddenly needs repair, also there are only two automobile repair shops in town. You drive to the first shop, also the mechanic tells you to leave the car also he will repair it. Payment will be due when you pick it up. A mechanic at the second shop looks at your car also guarantees that she will charge you only $99.95 to repair the muffler, as advertised. Which repair shop is likely to provide costly needless repairs to your car also elucidate why? Which 1 may under provide quality? In your answers, discuss the concepts of prospective also retrospective payment for services.
Determine the minimum average cost of the firm with these different order sizes.
Assume that this is a pass/fail assignment, where the passing grade is low enough that one person can produce a passing paper.
Their banks are holding back credit so it is harder for businesses to invest and for consumers to spend
Assume there are no other countries willing to trade goods, so when there is no trade between these two countries, each country consumes the amount of wheat and clothing it produces.
Discuss the incentive effects associated with this EMTR program regarding conclusion to join workforce
Explain why sharp decline in oil prices might not necessarily have positive or negative impact.
A pharmaceutical firm faces monthly demands in the U.S. and Mexican markets for one of its patented drugs.
whenever the same efforts must be made to uncork also pour both bottles.
How would a gradual increase in the percentage of fathers who stay home to care for young children while their wives continue working.
In which of the following cases should the United States produce more noodles than it wants for its own use and trade some of those noodles to Italy in exchange for wine.
Explain why this formulation of consumption may provide a more accurate description of consumption than the simple consumption function that depends only on current income.
Oil and gasoline prices are a concern in the United States. Why does this economic problem exist from a supply and demand perspective, what can be done to improve resource allocations.
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