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Q1. Scour the national news media (many good sources are available online) for a juicy story in which material is at the heart of the matter. The article does not have to be current. Say Illustrate what the story is about and be sure to cite the source and date so that others might find out it easily.
Q2. The relative price rule is equivalent to saying the marginal utility per dollar is the same for both goods, or goods should be consumed in the same ra5tion as their relative price?
Explain the argument that lower corporate tax rates can increase tax income in Kenya. Reflect on the Laffer curve in your explanation.
What happens to the profits of boat makers in the short run. What happens to the number of boat makers in the long run.
In Managerial Economics, Applications, Strategy, and Tactics, if contract promises were not excused because of acts of war, would the clearing and settlements clients of Bank of New York change their behaviour
Marginal rate of substitution between leisure as well as labor as well as the marginal product of labor in the Robinson Crusoe model.
Assume that the marginal cost of providing lockers is zero as well as the monthly demand as well as for lockers is estimated to be best described.
Explain the Miami plant which is closed or continue to operate at a loss in short run.
Why might price collusion occur in oligopolistic companies. Evaluate the economic desirability of collusive pricing.
Provide an appropriately labeled boxplot of the data below and use a randomization test to examine whether the null hypothesis holds that male and female turtles have the same mean serum cholesterol.
Quantity, whole revenue and profit when company charges different price in each market and exploits its total profit.
Will these monopolies typically earn economic profits. Why do not other airlines enter these monopoly routes.
Suppose you read in the newspaper that all last week the Fed conducted purchases in open market, and that on Tuesday of last week it lowered the discount rate.
Consider a mutual fund with $720 million in assets at the start of the year and with 10 million shares outstanding.
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