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Q1. the item to rice or paintings. Which product did you expect to have a higher index of intra-industry trade and why?
Q2. Using two different industries as example, explain how companies can use barriers to entry to discourage or even prevent competitors from entering the market.
Q3. Explain how the circular flow diagram relates to the current economic situation. Using the circular flow diagram, explain a way that your family interactsin factor market and a way that it interactsin products market. Discuss how circular flow relates to current economic situations.
Clarify what action monetary policymakers must take for the actions of fiscal policymakers to have no effect on real income.
Suppose that all wages also prices in an economy are indexed to increase. Explain there can still be an increase tax.
Why does the assumption of independence of risks matter in the examples of insurance. Illustrate what would happen to premiums if the probabilities of house.
A new law requires that all construction workers in your area belong to a labor union. Will this shift the labor supply curve, demand curve if both in home construction.
Elucidate its advantages and disadvantages and suggest appropriate policy prescriptions to deal with the potential shortcomings.
How Farmer jones carrots and buys beets. His income eLasticity of demand for both carrots and beets is posotive.an increase in the price of carrots causes him to.
Elucidate which of the following events would cause the price differences in these letters to get smaller.
What are some more common restrictions on the activities of multinational corporations in host countries? Your 200 word answer should focus on selecting and organizing your most relevant comments in a coherent fashion
How would each company determine the location of their facilities? List the specific needs and requirements of each company when determining location.
Draw appropriate marginal income curve. Show range over which a marginal cost curve could rise or fall without affecting cost industry charges.
Explain how are presidential election outcomes related to the performance of the economy.
I think the blaming China is just another move by the administration to take the country in the wrong direction, possibly with tariffs or restrictions on imports for countries such as China.
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