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Question: The federal government decides to require that automobile manufacturers install new anti-pollution equipment that costs $2,000 per car. Under what conditions can carmakers pass almost all of this cost along to car buyers? Under what conditions can carmakers pass very little of this cost along to car buyers?
A producer of synthetic motor oil for automobiles and light trucks has made the following statement: "One quart of Dyno lube added to your next oil change.
Describe how American firms can take advantage of conducting business in an emerging market such as the Indian economy - How should U.S. firms in general adapt to globalization?
Should governments force people to be in school? Why or why not?
Consumer and investor optimism and pessimism matter a great deal in the economy - what will happen to aggregate demand?
Suppose there are two technologies for producing steel. Under technology A, a firm's short-run total cost function is STCa(q)=1/2q^2+100q+10 with SMCa(q)=q+100, and using technology B it is STCb(q)=2q^2+6 with SMCb(q)= 4..
Create a correlation matrix of all the variables in your data set including the dummy variables. What are the correlation coefficients between the variables you plotted in part b? Do you see any indications of multi-collinearity in the correlation ma..
Suppose you were in charge of designing the border security policies for airports, seaports, and roadways in the United States. How would you go about finding the optimal level of security, the optimal level of commercial trade and tourism, and th..
How does the rate of population growth influence the level of GDP per person?
My Kitchen Delights (MKD) is considering two new suppliers for the jars used in the production process. The quality at both suppliers is equal. Assume that the annual holding cost is 30% of the unit price. Monthly demand averages 20,000 jars. O..
the australian government recently announced its proposed carbon price mechanism. the operation of this scheme is
1) Whether an asset is "liquid" often depends on what situation you are in. For each of the pairs of assets below, which is more liquid in the particular setting? You want to buy a sofa: A savings account or currency You want to trade for a bolo..
Describe how the market for corn would be influenced if ethanol, a corn derivative was used to fuel cars in US. How would market be influenced if a new technology caused corn farming to be more efficient?
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