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What are the security implications of a tool such as Wireshark?
Presently, boats rent for $500 per day also workers cost $100 per day. How many workers do you need to produce 200 tons of shrimp?
A newspaper has a monopoly on the local news market in a town. The market demand is given by P=1.70-Q/20,000, making the marginal revenue MR=1.70-Q/10,000. The marginal cost is constant at equal to 0.80. The fixed cost is 2,000. So, the total cost is..
Average visits per week equal 640 when the copy is $40 and equal 360 when the copayment is $60. Calculate the price elasticity using 360 and $60 as the denominators for percentage change calculations.
What electoral system (i.e. Plurality-Majority or Proportional) is better for political representation?
Cindy gains utility from consumption C and leisure L. The most leisure she can consume in any given week is 110 hours. Her utility function is U(C,L)=C*L. This functional form implies that Cindy's marginal rate of substitution is C/L. Cindy receives ..
Using a 'counting' loop approach to simulate a entomologist collecting insects. The program should keep a running total of the insects collected for a five day period by asking for the number is insects collected each day.
Suppose when Russia opens to trade, it imports cars, a capital intensive good. (Consider the following Heckscher-Ohlin model.) According to the Heckscher-Ohlin model, is Russia capital-abundant or labor-abundant? Why? What is the impact of opening tr..
explain briefly about what kind of supply and demand elasticities for gasoline must be present in the U.S. market.
If JMJ Industries realizes a profit of $4 per unit sold, what is the fixed cost portion of their production costs? Their variable costs are $1.50 per unit, and they sell 1,000 units per year at a price of $6 per unit.
How important is the deterioration of the social system in contributing to the health care spending crisis, assuming one exists? Explain in detail.
Suppose the U.S. economy is in a recession and it is weak. Suppose you are in charge of monetary, fiscal, and exchange rate (i.e., influencing the value of the dollar) policies.
As part of his plan to reduce the budget deficit, President Clinton proposed raising the excise tax on gasoline by 50 cents per gallon. While passage of this proposal was blocked by Congress, what would have happened to the sales of gasoline if the p..
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