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Q1. In the Undercover Economist, Harford discusses Greenbelts. What is a Greenbelt and how does it affect demand and/or supply? What are other examples of "greenbelts"?
Q2. Government data that computes averages, such as the consumer price index, are applicable to everyone. For example, the inflation rate since this time last year is reported to be 1.7%. Therefore, elderly individuals who complain about the increasing cost of their medications have no real complaint. Discuss.
Even among professional sport players, the salaries for players in some sports are generally significantly higher than the salary in some other sports. Elucidate how does this make sense using supply and demand in a market in equilibrium.
q.why was firm examining in support of antitrust behavior? categorize some of costs financial and non-financial
What is the optimal capital/labor ratio? If the firm can spend a total $320 in K and L, what is the optimal amount of K and the optimal amount of L?
Monopoly, monopolistic competition, pure competition, oligopoly. Give examples of these things also how do they impact markets, firms and you, as a consumer and/or as a business person.
Your friend makes half of your salary and pays 20% in income taxes. Elucidate rate most likely would be your income tax rate.
Now assume a 7% real discount rate. What would the present discounted value of the project be? Should the project still be approved under this discount rate?
What steps can a government take to ensure that sustainable development is always considered in assessing which major economic projects or investment proposals to accept.
q.british columbia tourist association distributes s pamphlets maps and other tourist-related information to people who
if Night Timers plans to sell 125,000 rolls per year, Illustrate what is the necessary price if the firm is to break even
Distinguish between the Federal funds rate also the prime interest rate. Why is one higher than the other.
If the firms form a cartel to maximize industry profit, what is the industry marginal revenue at the profit-maximizing level of output?
Now looking at this scenario, would company rather increase wages slightly, not so much that it will decrease profits, but to a point where productivity may rise higher than what was originally given to employees.
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