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Explain the relationship between electoral systems and party systems. Answers should be sure to assess this question from the perspective of both proportional representation and single-member districts and provide examples to support your points.
If the wage rate is $30 perhour and the rental rate on capital is $10 per hour, what is the cost-minimizing input mix for producing 4 units of output?
The maintenance costs associated with an investment are $0 for the first 8 years and $ 700 per year thereafter. The investment has an infinite life. With interest at 9 % per annum, determine the present worth of the annual disbursements. ($)
Explain how would the edgeworth box change. How would the production possibilities frontier change as a result
Due to severe damage, a gas pipeline supplying gas to Arizona was shut down for some weeks in summer of 2003. Gas became scarce in Arizona, and prices increase,
The Joint Committee on Taxation of the United States Congress estimates that the highest 1 percent of incomes earners paid 33.6 percent of total federal individual income tax collected in calendar year 2000. What does this information tell about p..
Your example should be original -- not one from the textbook or my lecture. Make sure response explains how optimal firm behavior will lead to scale and substitution effects. Also explain the importance of the diminishing marginal returns assumpti..
Compute the Conventional and the Modified BCR for this project. Should this investment be made.
1. How two dimensional arrays are initialized? 2. How to output the elements of one dimensional array?
Discuss the implication on earnings and cash flow, and articulate why this project was chosen over the multitude of options that exists.
Suppose the supply for optometrists is given by LS= -6 + 0.6W, while the demand curve is given by LD= 50-W. Also, assume that the government imposes a payroll tax equal to $8 for each optometrist hired by a firm. a. Find the equilibrium wage and e..
We are constantly hearing about mass exodus of jobs in other countries (phone service, computer services, sales). Use the concept of comparative advantages to explain why this is occuring. Also, explain how the U.S. beneits more in the long run from ..
suppose in a closed economy government spending is 60 business investments are 120 and consumers spending is given as c
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