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1: In a Capitalistic society (such as the U. S.) is competition good or bad in your opinion? Please support your opinion with an example?? (Explain your personal/real opinion, supported by research)
2: Then support perspectives regarding competition from the opposite perspective from your real opinion again with an actual example. (Discuss it from both perspectives why competition can be good and then why it can be bad. So first you give your real opinion, then second support the opposite perspective.
What is the value price elasticity of demand.
Give a brief summary of the GDP trends over that timeframe and discuss two or three events which may have caused these trends.
How will a fall in domestic investment affect the trade surplus and net capital outflows in the domestic economy, the trade deficit and capital inflows in the rest of the world.
Where do demand and MR intersect the quantity axis? Calculate the equilibrium price and quantity.
Why does the assumption of independence of risks matter in insurance What would happen to premiums if the probabilities of houses burning were positively correlated Can you think of a situation where they might be negatively correlated
What is a typical indifference curve for the case in which the marginal utilities of both goods are positive and the marginal rate of substitution of hamburgers for Cokes is diminishing. Explain the relationship between the indifference curve
1. in 2009 the interest rate on 20-year bonds was 2 per year on switzerlands government bonds and 3.5 on u.s.
Examine the impact of U. S. population demographic changes on the demand for different goods
These specials comprises of a significant price reduction on selected menu items purchased before some pre-determined time
in a simple economy assume there are no taxes thus y is disposable income the consumption function isc 500 0.75y.the
Determine the profit-maximizing output and price. b. Calculate profits and deadweight loss. c. If this was a monopolistically competitive firm, would your answer in parts a and b change.if this was a monopolistically competitive firm, what would happ..
an economist might say that collage and universatys "produce" education, using facilty members and students as inputs. According to this line of reasoning, education is then "consumed" by house holds. Construct a circular-flow diagram like the one..
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