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Q1. Mexico does not have an absolute advantage in producing sugar over all of the other sugar producing countries. Does this fact mean that Mexico should import its sugar from the other countries?
Q2. • Purchasing of groceries• Massive layoff of employees• Decrease in taxes
Describe how each of these activities affects government households as well as businesses. Describe the flow of resources from one entity to another for each activity.
Assuming that under cost controls rationing is as inefficient as possible while under the quota, the allocation is as inefficient as possible.
Assume a machine which has a useful life of only one year costs $2000. Assume, also, that net of such operating costs as power, taxes and so forth, additional revenue from output of this machine is expected to be $2300. What is rate of return on ..
How disparate are returns if you win. As disparity increases => marginal benefit increases. Which of these two explanations is correct.
Explain how will La Nina affect the price of Chilean wine. Assuming LaNina does not impact the California wine producing region, how will La Nina impact the market for Californian wine.
q.in this problem we consider the differences between the competitive monopoly and cournot equilibria under the same
If a 20% decrease in th price of long distancephone calls leads to a 35% rise in the quantity of calls demanded, you may conclude that the demand for phone calls is.
Why do you think motorcycle makers did not adopt voluntary emissions standards? Should they have done so? Why or why not?
How should labour be allocated between x and y to satisfy the demands calculated in part.
Evaluate the risk categories, countries, and industries represented in this index 2019s leading companies.
MMM expects to generate $60,000 in earnings that will be retained for reinvestment in the firm this year.
q.the empirical demand function of product x is estimated asx 120 - 260.0p 0.05m - 2.50prwhere x is the predicted
List out at least one policy action that the Federal Reserve has taken to confirm that direction. Explain the effects of monetary policies on the economy's production and employment.
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