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The world has gone through several different international financial orders over past 100 years. Explain how each one came into being and why the order eventually ran into difficulties and was suspended by another order.
An entrepreneur took a one-month leave of absence. Elucidate how many units did she have to sell To facilitate turn a profit
Explain the concept of countertrade. When does counter trade make sense? How does counter trade help solve the nonconvertability problem?
q.suppose that one country subsidizes its exports and the other country imposes a countervailing tariff that offsets
When comparing the distribution of wealth to the distribution of income, it can be noted that
Which of the following is an example of an automatic stabilizer? When the economy goes into a recession,
The cost function for a firm is given by TC = 6,000 + 12.5Q. The firm sells output in a perfectly competitive market and other firms in the industry sell at a price of P = 25 - 0.5Q. (i) What level of output should be produced to maximize profits?
Discuss a decision made by your chosen company that involved costs that should have been ignored. why did the company include these costs in their decision process.
What institutions are prerequisite for economic growth? What is the role of rule of law in economic development?
Given the demand curve P= 2,000 – 2Q and marginal costs of MC = 1,100 + 2Q, the firm’s profit will maximize at equilibrium price and output of: Based on the demand and cost function in previous question, in a two-part tariff pricing strategy, what is..
Consider now an economy where you need to search for a job. Let b be the fraction of people that do not have a job and are searching for one. Write the equations describing the dynamics of those employed (E) and those who are not employed (NE). Compu..
In an oligopoly game, the incentive to cheat is reduced when:
The two firms have the same demand curve P=100-4Q, Marginal cost of Firm 1 is 5 and for firm 2 is 10.
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