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Source :- papers.ssrn.com/paper.taf?abstract_id=206189
1. Why do you think in 1790,models were required with Patent applications in the US while these were not needed in Britain and Germany? Why do you think models were kept on display in the Patent office building till the fire destroyed them?
2. During the 1850-1950 period, which country produced more patentsthe US or Britain? Mention All the factors that could have led to this
3. "The American patent system was based on the presumption that social welfare coincided with the individual welfare of inventors". What does this mean? What economic impact did this have?
4. Is strong Patent system always beneficial for economic growth?Is there any exception? If so, explain
If Boeing produces 9 jets per month, its long-run total cost is S9 million per month. If produces 10 jets per month, its long run total cost is $9.5 million per month. Does Boeing exhibit economies or diseconomies of scale in producing jets.
Explain why you tend to find more shirking, more corruption, and more inefficiency in large firms than you do in small firms. Explain why you tend to find more shirking, more corruption, and more inefficiency in government than you do in large fi..
What do you think are the basic roles of the government in an economy? Why do you think that these roles of the government are justified and the government plays a vital role in the economy in terms of allocation, redistribution and stabilization.
Draw the budget constraint facing any worker under the original program and draw the budget constraint facing any worker under the proposed new program.
EconS 323 Problem Set, Assuming that the interior solution for labor supply will dominate the corner solutions, NOW what is Cosmo’s optimal labor supply as a function of the market wage w and the tax rate t?
What is a strategy for a player in this game and describe strategies that are in Bayes Nash equilibrium.
Explain asymmetric information, moral hazard, and adverse selection within the context of health care sector and how many units of health care would be consumed if the patient had health insurance
What would the annual percentage rate be if the city plans to make an interest payment of $2 million?
The Role of Government in Health Care Markets - Health Policy and Economics - Do you think this current state of regulation is appropriate? Why or why not? What problems have arisen because of regulation or the lack thereof?
Understand different theories of social welfare
What would the number of paying patients and federally funded seniors be if the federal funding agency raised its rate to $120 per treatment and given a supply curve for ultrasound clinics, predict how the supply curve will shift
Define the economic principle of opportunity cost and locate current GDP expenditures and express the percentages in a graph or a chart.
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