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Happiness surveys seem to indicate that at any given moment in time those with higher income, on average, report higher levels of happiness than those with lower income. Over time, nevertheless, as societies increase their real per capita income, average happiness does not seem to increase. This statement illustrates a rather odd combination of outcomes. Explain in detail.
Explain gambling from a risk-return perspective and from a Christian worldview. What is wrong (from a Biblical viewpoint) with gambling if consumers want it? Is price-discrimination always wrong? Under what conditions might it be ethically allowable?
Which statement about institutionalization in organizations is most accurate? What was found in research on the effectiveness of self-managed teams? Which process is most likely to occur in an after-activity review? Members are most likely to experie..
How did Cummins use regulation as an opportunity?
q1. a corporation has 7 million in equity. during the tax year it takes in 4 million in receipts and earns 2 million in
What is the unemployment rate of this economy? What is the labor force participation rate? Suppose that 1 million currently unemployed workers decide to no longer actively look for work.What is the unemployment rate of the economy now?
Inflation may fall without a significant increase in unemployment if
If an investor wants a portfolio risk with .1, then what proportion of her portfolio wealth should she invest in the stock, and what proportion should she invest in the risk free asset with Rf=.07? What will be her portfolio expected return? Standard..
How many kilometers must a car be driven per year for leasing and buying to cost the same? Use 10% interest and year-end cost. Leasing: $0.15 per kilometer Buying: $5000 purchase cost, 3-year life, salvage $1200, $0.04 per kilometer for gas and oil, ..
What are the opportunity costs of coffee for H and F?
Monopoly producer of this product. Assume that the inverse demand function for this product is: P(Q) = 800 − Q and your cost functions are TC(Q) = 50Q; MC(Q) = 50. What is the MR function? What is the profit-max quantity and price? What is the MR at ..
q1. a firm hires 2 workers also rents 15 acres of land for a season. it produces 150000 bushels of crop. if it had
Employees bear the cost and earn the returns on investments in general training and employers bear the cost and earn the return on specific training. Is this statement true, false, or uncertain? Give an economic justification for your answer.
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