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You can write your research about social problems where the free markets are not allowed to function, which includes the market for a particular illegal good or service, a regulated market, etc.? Select a social problem where free markets are not allowed to function and conduct research on the social problem.? Describe how free market features could be introduced to help alleviate the social problem through free market operations of supply and demand. ? Discuss the risks of introducing market mechanisms of supply and demand in situations where ethical issues are present.
What curve would be shifted (demand or supply) and in what direction (left or right) if there was a decrease in the tax rate or interest income from 20% to 15%?
Using marketplace equilibrium why do baseball players also CEOs make more money than your lowly Economics instructor.
X-Corporation produces a good (Called X) that is a normal good. Its competitor, Y-Corp makes a substitute good that it markets under name "Y." Good Y is an inferior good. How will demand for good X change if consumer incomes increase.
What phrase best describes medical care spending in the United States? Which of the following will not change the demand for office visits to the physician? The dead-weight loss from an excise tax. Supply curves are positively-sloped because of
Assume you have been hired as a managing consultant by a company to offer some advice that will help it make a decision as to whether it should shut down completely or continue its operations. It currently uses 100 workers to produce 6,000 units of o..
Illustrate what can you infer about the expected changew in the exchange rate between the Canadian dollare and the U.S. dollar.
What was the rate of growth of per capita real GDP before the increase in population growth? If the rate of growth of real GDP remains unchanged, what is the new rate of growth of per capita real GDP following the increase in the birth rate?
International businesses frequently face sourcing decisions and decisions about whether they should make or buy the component parts that go into their final products. Should the firm vertically integrate into the manufacturing of its own component pa..
An increase in the amount of monthly dues would cause:
How many DVD's will she have to sell to keep the store open for an extra hour to make profit, if each DVD is $12.
What is the actuarially fair price of insurance? What price are individuals w/$5000 in the bank willing to pay for the insurance?3. Will those w/$5000 in the bank voluntarily purchase insurance?
Illustrate what are the advantages of using capital in the production process. What is meant by the term "division of labor".
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