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Southern states in the United States are, on average, poorer than northern states. Southern states also have higher growth rates in real GDP per capita, on average, than northern states. Use these facts to draw a conclusion about whether the theory of convergence is correct, What other factors should be considered
The supply and demand for Mandarin-English
Research the elasticity of beef and eggs in regards to price changes. How do supply, demand, and price control interact to affect the equilibrium price of eggs How do these factors differ in impacting the price of beef
Is implicit cost inherently an estimate or can it be quantified? And who is the primary person responsible for these estimated quantifications?
Write your individual answers to the questions listed above together using a minimum of 300 words in essay format in APA style. use APA template in Doc Sharing, using correct economic terms covered in the discussions.
What is the maximum it would be reasonable for the owner of a building to pay for a new sprinkler system if it would save $843 per year in insurance premiums? Assume it would have a life of 20 yrs and a salvage value equal to 10% of it's first cost.
Suppose you suddenly realize that your demand estimates might have some uncertainty in them. How might you change value of surplus you give to the customers because of this?
a professsionl society whoes dues are normally 100 per year is offering life memebrships for 1250. assume you are a
Explain the role of labor supply and labor demand in determining the incentives to return to equilibrium. Explain why unemployment falls when output rises. In the process, mention what happens to unemployment. What factors determine the job finding r..
What is the own price elasticity of demand when Px = $154? Is the demand elastic or inelastic? What would happen to the firm's revenue if it decided to charge a price below $154?
consider the case of a single polluter and regulator. the regulator knows the marginal benefit of pollution abatement
For each sentence below describing changes in the tangerine market, note whether the statement is true, false, or uncertain, and explain your answer. You will find it helpful to draw a graph for each case.
Compute their TR, MR, ATC, MC and profit/loss schedules, find out the equilibrium price, equilibrium output, unit profit, and total profit at the equilibrium point for these ingenious entrepreneurs.
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