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what aspects of your decison-making process fit the description of a rational choice?
did you consider costs and benifits?
did you pay attention to both monentary and non-monetary factors?
did you consider opportunity costs and your long-term goals?
Illustrate what is the amount of the producer surplus for Juan Carlos combined.
imply a lower standard of living in every of the three nations compared to the situation where they are united into a single new country.
Discuss what type of foreign investments would be best for the economy's PPF. What are the opportunity costs of these decisions? Include what will happen to private and public choices as the economy grows.
Which nation should specialize in the production of Good X and which country should specialize in the production of Good Y.
Suppose that a researcher, using wage data on 250 randomly selected male workers and 280 female workers, estimates the OLS regression Wage = 12.52+2.12× Male,R^2 = 0.06,SER = 4.2, (.23) (0.36) where Wage is measured in dollars per hour and Male is ..
Make a brief history of the FEDERAL RESERVE system and explain the organizational structure of this agency as well as the role the Fed has in drafting and implementing United State Monetary policy.
Show these data graphically. Upon what specific assumptions is this production possibilities curve based? What would production at a point outside the production possibilities curve indicate? What must occur before the economy can attain such a lev..
Discuss the advantages and disadvantages of free international trade and Keynesian giving emphasis in the demand-side of the economy and Explain why under fixed exchange rates the monetary policy is not effective.
a)A cost minimizing firm's production is given by Q=L^(1/2)K^(1/2). Suppose the desired output is Q=10. Let w=12 and r=4. What is the firms cost minimizing combination of K and L? What is the total cost of producing output? b) Suppose the firm wis..
A contractor submits a bid on a project, for which more research and development work needs to be done. It is estimated that the total cost of satisfying the project specifications will be $20 million, plus the cost of the further research and dev..
When 2-mutually exclusive projects are considered, NPV calculations and IRR calculations may, under certain circumstances, give conflicting recommendations as to which project to accept.
Elucidate which you are familiar and identify the marketplace structure of that organization. Evaluate the effectiveness of this structure for the organization.
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