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What potential problems do you see arising when the private sector delivers a social service? What are the advantages of this approach to service delivery?
A city that is attempting to attract a professional football team is planning to build a new stadium costing $500 million. Annual upkeep is expected to amount to $1,000,000 per year. what will be its capitalized cost at an interest rate of 10% per ye..
Since 1965 the average amount of leisure time for men has increased by 8 hours per week. that's like an extra 9 weeks of vacation per year. For women the average increase in leisure has been 6 hours per week. What does this tell us about the income e..
Based on the best available econometric estimates, the market elasticity of demand for your firm’s product is -1.5. The marginal cost of producing the product is constant at $75, while average total cost at current production levels is $200. Determin..
What are the determinants of population growth? How does high population growth impact economic development and poverty? What is your prediction for global population and what policies do you recommend to stabilize population? What measurements would..
Explain why both strict liability and negligence (with the correct standard of care) are efficient when the appropriate action removes all harm to third parties, but only strict liability is efficient when there is residual harm. [Assume nothing ..
How does business economics relate to the banking industry? Give 3 descriptive answers. (Don't have to be long!)
You are the manager of a monopoly that sells a product to two groups of consumers in different parts of the country. Group 1’s elasticity of demand is -5, while group 2’s is -3. Your marginal cost of producing the product is $40. Determine your optim..
Intellectual property refers to the rights of intangible property (IP) such as copyright, trademark, patents, and trade secrets. Explain the rights and responsibilities a company has in protecting its IP and the employees' responsibilities in protect..
An 8-year-bond with a face value of $10,000 offers an annual return of 3.5%.If there is no coupon payment, what is the current price of that bond?Suppose the firm decides to offer the same bond but with a coupon of $20 per year (paid at the end of ea..
q1. how much deadweight loss does great reception causes when it restricts output and charges a price above marginal
Which country would be an example of a constitutional monarchy? The theory that traces democracy to broad social changes and economic development is known as:
Consider an employee who does not receive employer-based health insurance and must divide her $700 per week in after-tax income.
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